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$166,867$166,867$211,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$44,633$0
Funding fee$0$0$0
Note rate3.02%3.02%7.24%
Blended rate3.87%4.953%7.48%
1st payment$817.15$817.15$1,441.37
2nd payment$0.00$334.75$0.00
Taxes / mo$125.50$125.50$125.50
Insurance / mo$150.00$150.00$150.00
MI / mo$136.94$136.94$42.30
HOA / mo$377.00$377.00$377.00
Total monthly$1,606.59$1,941.34$2,136.17
Cash to close$68,133$23,500$23,500