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$20,485$20,485$153,000
Remaining term (yrs)7.97.930.0
Secondary amount$0$132,515$0
Funding fee$0$0$0
Note rate6%6%7.24%
Blended rate6.85%7.846%7.48%
1st payment$269.20$269.20$1,042.69
2nd payment$0.00$883.44$0.00
Taxes / mo$117.25$117.25$117.25
Insurance / mo$150.00$150.00$150.00
MI / mo$31.80$31.80$30.60
HOA / mo$325.00$325.00$325.00
Total monthly$893.25$1,776.69$1,665.54
Cash to close$149,515$17,000$17,000