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$204,378$204,378$270,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$65,622$0
Funding fee$0$0$0
Note rate3.11%3.11%7.24%
Blended rate3.96%5.185%7.48%
1st payment$974.49$974.49$1,840.04
2nd payment$0.00$492.17$0.00
Taxes / mo$169.08$169.08$169.08
Insurance / mo$150.00$150.00$150.00
MI / mo$161.44$161.44$54.00
HOA / mo$242.00$242.00$242.00
Total monthly$1,697.02$2,189.19$2,455.13
Cash to close$95,622$30,000$30,000