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$74,326$74,326$225,000
Remaining term (yrs)17.917.930.0
Secondary amount$0$150,674$0
Funding fee$0$0$0
Note rate4.1%4.1%7.24%
Blended rate4.95%6.992%7.48%
1st payment$487.11$487.11$1,533.37
2nd payment$0.00$1,004.50$0.00
Taxes / mo$125.17$125.17$125.17
Insurance / mo$150.00$150.00$150.00
MI / mo$71.41$71.41$45.00
HOA / mo$505.00$505.00$505.00
Total monthly$1,338.69$2,343.18$2,358.54
Cash to close$175,674$25,000$25,000