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$149,364$149,364$416,250
Remaining term (yrs)9.29.230.0
Secondary amount$0$266,886$0
Funding fee$0$0$0
Note rate5.87%5.87%7.24%
Blended rate6.72%7.38%7.48%
1st payment$1,747.05$1,747.05$2,836.74
2nd payment$0.00$1,723.64$0.00
Taxes / mo$157.08$157.08$157.08
Insurance / mo$166.67$166.67$166.67
MI / mo$209.31$209.31$83.25
HOA / mo$0.00$0.00$0.00
Total monthly$2,280.11$4,003.75$3,243.74
Cash to close$313,136$46,250$46,250