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$91,228$91,228$139,410
Remaining term (yrs)19.419.430.0
Secondary amount$0$48,182$0
Funding fee$0$0$0
Note rate3.66%3.66%7.24%
Blended rate4.51%6.062%7.48%
1st payment$545.96$545.96$950.08
2nd payment$0.00$361.37$0.00
Taxes / mo$87.50$87.50$87.50
Insurance / mo$150.00$150.00$150.00
MI / mo$84.43$84.43$27.88
HOA / mo$573.00$573.00$573.00
Total monthly$1,440.90$1,802.26$1,788.46
Cash to close$63,672$15,490$15,490