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$194,853$194,853$252,000
Remaining term (yrs)21.521.530.0
Secondary amount$0$57,147$0
Funding fee$0$0$0
Note rate4.44%4.44%7.24%
Blended rate5.29%6.131%7.48%
1st payment$1,170.81$1,170.81$1,717.38
2nd payment$0.00$428.60$0.00
Taxes / mo$164.33$164.33$164.33
Insurance / mo$150.00$150.00$150.00
MI / mo$164.83$164.83$50.40
HOA / mo$385.00$385.00$385.00
Total monthly$2,034.98$2,463.58$2,467.11
Cash to close$85,147$28,000$28,000