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$195,254$195,254$274,499
Remaining term (yrs)24.024.030.0
Secondary amount$0$79,245$0
Funding fee$0$0$0
Note rate2.88%2.88%7.24%
Blended rate3.73%5.251%7.48%
1st payment$937.57$937.57$1,870.71
2nd payment$0.00$594.34$0.00
Taxes / mo$188.25$188.25$188.25
Insurance / mo$150.00$150.00$150.00
MI / mo$159.97$159.97$54.90
HOA / mo$844.00$844.00$844.00
Total monthly$2,279.79$2,874.13$3,107.86
Cash to close$109,745$30,500$30,500