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$156,632$156,632$335,250
Remaining term (yrs)18.718.730.0
Secondary amount$0$178,618$0
Funding fee$0$0$0
Note rate3.84%3.84%7.24%
Blended rate4.69%6.454%7.48%
1st payment$974.68$974.68$2,284.72
2nd payment$0.00$1,190.79$0.00
Taxes / mo$157.58$157.58$157.58
Insurance / mo$150.00$150.00$150.00
MI / mo$147.45$147.45$67.05
HOA / mo$3.33$3.33$3.33
Total monthly$1,433.04$2,623.83$2,662.69
Cash to close$215,868$37,250$37,250