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$184,023$184,023$371,691
Remaining term (yrs)18.818.830.0
Secondary amount$0$187,668$0
Funding fee$0$0$0
Note rate3.98%3.98%7.24%
Blended rate4.83%6.431%7.48%
1st payment$1,155.06$1,155.06$2,533.07
2nd payment$0.00$1,251.12$0.00
Taxes / mo$208.08$208.08$208.08
Insurance / mo$150.00$150.00$150.00
MI / mo$171.79$171.79$74.34
HOA / mo$0.00$0.00$0.00
Total monthly$1,684.93$2,936.06$2,965.49
Cash to close$228,967$41,299$41,299