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$174,457$174,457$310,410
Remaining term (yrs)23.623.630.0
Secondary amount$0$135,953$0
Funding fee$0$0$0
Note rate3.45%3.45%7.24%
Blended rate4.3%5.921%7.48%
1st payment$899.66$899.66$2,115.44
2nd payment$0.00$906.35$0.00
Taxes / mo$161.33$161.33$161.33
Insurance / mo$150.00$150.00$150.00
MI / mo$142.80$142.80$62.08
HOA / mo$458.00$458.00$458.00
Total monthly$1,811.79$2,718.14$2,946.85
Cash to close$170,443$34,490$34,490