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$94,688$94,688$252,000
Remaining term (yrs)19.819.830.0
Secondary amount$0$157,312$0
Funding fee$0$0$0
Note rate3.48%3.48%7.24%
Blended rate4.33%6.621%7.48%
1st payment$549.77$549.77$1,717.38
2nd payment$0.00$1,048.75$0.00
Taxes / mo$83.75$83.75$83.75
Insurance / mo$150.00$150.00$150.00
MI / mo$86.94$86.94$50.40
HOA / mo$250.00$250.00$250.00
Total monthly$1,120.45$2,169.20$2,251.53
Cash to close$185,312$28,000$28,000