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$81,028$81,028$225,900
Remaining term (yrs)16.416.430.0
Secondary amount$0$144,872$0
Funding fee$0$0$0
Note rate3.42%3.42%7.24%
Blended rate4.27%6.662%7.48%
1st payment$536.07$536.07$1,539.50
2nd payment$0.00$965.81$0.00
Taxes / mo$147.75$147.75$147.75
Insurance / mo$150.00$150.00$150.00
MI / mo$85.41$85.41$45.18
HOA / mo$465.00$465.00$465.00
Total monthly$1,384.22$2,350.04$2,347.43
Cash to close$169,972$25,100$25,100