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$190,063$190,063$247,410
Remaining term (yrs)25.225.230.0
Secondary amount$0$57,347$0
Funding fee$0$0$0
Note rate3.07%3.07%7.24%
Blended rate3.92%5.097%7.48%
1st payment$900.29$900.29$1,686.09
2nd payment$0.00$430.10$0.00
Taxes / mo$162.83$162.83$162.83
Insurance / mo$150.00$150.00$150.00
MI / mo$149.91$149.91$49.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,363.04$1,793.14$2,048.41
Cash to close$84,837$27,490$27,490