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$177,201$177,201$344,250
Remaining term (yrs)25.025.030.0
Secondary amount$0$167,049$0
Funding fee$0$0$0
Note rate2.9%2.9%7.24%
Blended rate3.75%5.812%7.48%
1st payment$829.24$829.24$2,346.06
2nd payment$0.00$1,113.66$0.00
Taxes / mo$112.55$112.55$112.55
Insurance / mo$150.00$150.00$150.00
MI / mo$141.12$141.12$68.85
HOA / mo$0.00$0.00$0.00
Total monthly$1,232.91$2,346.57$2,677.46
Cash to close$205,299$38,250$38,250