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$7,993$7,993$175,410
Remaining term (yrs)1.41.430.0
Secondary amount$0$167,417$0
Funding fee$0$0$0
Note rate2.7%2.7%7.24%
Blended rate3.55%7.797%7.48%
1st payment$453.62$453.62$1,195.42
2nd payment$0.00$1,116.11$0.00
Taxes / mo$61.00$61.00$61.00
Insurance / mo$150.00$150.00$150.00
MI / mo$47.51$47.51$35.08
HOA / mo$674.00$674.00$674.00
Total monthly$1,386.13$2,502.24$2,115.50
Cash to close$186,907$19,490$19,490