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$73,998$73,998$162,000
Remaining term (yrs)7.47.430.0
Secondary amount$0$88,002$0
Funding fee$0$0$0
Note rate2.66%2.66%7.24%
Blended rate3.51%6.492%7.48%
1st payment$907.85$907.85$1,104.03
2nd payment$0.00$660.01$0.00
Taxes / mo$92.67$92.67$92.67
Insurance / mo$150.00$150.00$150.00
MI / mo$159.38$159.38$32.40
HOA / mo$835.00$835.00$835.00
Total monthly$2,144.89$2,804.91$2,214.09
Cash to close$106,002$18,000$18,000