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$220,110$220,110$324,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$103,890$0
Funding fee$0$0$0
Note rate3.31%3.31%7.24%
Blended rate4.16%5.391%7.48%
1st payment$1,118.85$1,118.85$2,208.05
2nd payment$0.00$692.60$0.00
Taxes / mo$197.33$197.33$197.33
Insurance / mo$150.00$150.00$150.00
MI / mo$180.73$180.73$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,646.92$2,339.52$2,620.19
Cash to close$139,890$36,000$36,000