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$137,881$137,881$166,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$28,619$0
Funding fee$0$0$0
Note rate2.9%2.9%7.24%
Blended rate3.75%4.652%7.48%
1st payment$651.15$651.15$1,134.69
2nd payment$0.00$214.64$0.00
Taxes / mo$95.92$95.92$95.92
Insurance / mo$150.00$150.00$150.00
MI / mo$110.81$110.81$33.30
HOA / mo$212.00$212.00$212.00
Total monthly$1,219.88$1,434.52$1,625.91
Cash to close$47,119$18,500$18,500