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$38,543$38,543$139,500
Remaining term (yrs)13.413.430.0
Secondary amount$0$100,957$0
Funding fee$0$0$0
Note rate4.9%4.9%7.24%
Blended rate5.75%7.378%7.48%
1st payment$325.69$325.69$950.69
2nd payment$0.00$673.05$0.00
Taxes / mo$96.08$96.08$96.08
Insurance / mo$150.00$150.00$150.00
MI / mo$43.47$43.47$27.90
HOA / mo$552.00$552.00$552.00
Total monthly$1,167.24$1,840.29$1,776.67
Cash to close$116,457$15,500$15,500