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$146,974$146,974$382,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$235,526$0
Funding fee$0$0$0
Note rate6.81%6.81%7.24%
Blended rate7.36%7.6%7.48%
1st payment$996.02$996.02$2,606.73
2nd payment$0.00$1,521.11$0.00
Taxes / mo$120.33$120.33$120.33
Insurance / mo$150.00$150.00$150.00
MI / mo$69.95$69.95$76.50
HOA / mo$16.50$16.50$16.50
Total monthly$1,352.80$2,873.91$2,970.06
Cash to close$278,026$42,500$42,500