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$186,455$186,455$269,999
Remaining term (yrs)23.123.130.0
Secondary amount$0$83,544$0
Funding fee$0$0$0
Note rate3.61%3.61%7.24%
Blended rate4.46%5.865%7.48%
1st payment$990.76$990.76$1,840.04
2nd payment$0.00$626.58$0.00
Taxes / mo$140.50$140.50$140.50
Insurance / mo$150.00$150.00$150.00
MI / mo$154.17$154.17$54.00
HOA / mo$242.00$242.00$242.00
Total monthly$1,677.43$2,304.00$2,426.54
Cash to close$113,544$30,000$30,000