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$180,090$180,090$341,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$161,010$0
Funding fee$0$0$0
Note rate3.1%3.1%7.24%
Blended rate3.95%5.862%7.48%
1st payment$854.03$854.03$2,324.59
2nd payment$0.00$1,073.40$0.00
Taxes / mo$213.67$213.67$213.67
Insurance / mo$150.00$150.00$150.00
MI / mo$141.67$141.67$68.22
HOA / mo$195.00$195.00$195.00
Total monthly$1,554.37$2,627.77$2,951.48
Cash to close$198,910$37,900$37,900