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$157,023$157,023$409,500
Remaining term (yrs)16.916.930.0
Secondary amount$0$252,477$0
Funding fee$0$0$0
Note rate4.46%4.46%7.24%
Blended rate5.31%6.814%7.48%
1st payment$1,099.41$1,099.41$2,790.73
2nd payment$0.00$1,630.58$0.00
Taxes / mo$142.17$142.17$142.17
Insurance / mo$166.67$166.67$166.67
MI / mo$154.42$154.42$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,562.66$3,193.24$3,181.47
Cash to close$297,977$45,500$45,500