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$112,103$112,103$279,000
Remaining term (yrs)20.920.930.0
Secondary amount$0$166,897$0
Funding fee$0$0$0
Note rate3.88%3.88%7.24%
Blended rate4.73%6.686%7.48%
1st payment$651.11$651.11$1,901.38
2nd payment$0.00$1,112.65$0.00
Taxes / mo$292.58$292.58$292.58
Insurance / mo$150.00$150.00$150.00
MI / mo$98.02$98.02$55.80
HOA / mo$390.00$390.00$390.00
Total monthly$1,581.71$2,694.36$2,789.76
Cash to close$197,897$31,000$31,000