HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$79,852$79,852$224,100
Remaining term (yrs)9.29.230.0
Secondary amount$0$144,248$0
Funding fee$0$0$0
Note rate6%6%7.24%
Blended rate6.85%7.59%7.48%
1st payment$939.14$939.14$1,527.24
2nd payment$0.00$961.65$0.00
Taxes / mo$143.92$143.92$143.92
Insurance / mo$150.00$150.00$150.00
MI / mo$110.95$110.95$44.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,344.01$2,305.67$1,865.97
Cash to close$169,148$24,900$24,900