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$33,663$33,663$180,000
Remaining term (yrs)7.37.330.0
Secondary amount$0$146,337$0
Funding fee$0$0$0
Note rate3.88%3.88%7.24%
Blended rate4.73%7.388%7.48%
1st payment$435.87$435.87$1,226.70
2nd payment$0.00$975.58$0.00
Taxes / mo$73.17$73.17$73.17
Insurance / mo$150.00$150.00$150.00
MI / mo$65.62$65.62$36.00
HOA / mo$264.00$264.00$264.00
Total monthly$988.65$1,964.23$1,749.86
Cash to close$166,337$20,000$20,000