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$65,620$65,620$198,000
Remaining term (yrs)6.46.430.0
Secondary amount$0$132,380$0
Funding fee$0$0$0
Note rate3.26%3.26%7.24%
Blended rate4.11%6.711%7.48%
1st payment$934.70$934.70$1,349.37
2nd payment$0.00$882.54$0.00
Taxes / mo$190.83$190.83$190.83
Insurance / mo$150.00$150.00$150.00
MI / mo$151.94$151.94$39.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,427.47$2,310.00$1,729.80
Cash to close$154,380$22,000$22,000