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$174,261$174,261$215,910
Remaining term (yrs)21.221.230.0
Secondary amount$0$41,649$0
Funding fee$0$0$0
Note rate3.99%3.99%7.24%
Blended rate4.84%5.642%7.48%
1st payment$1,012.09$1,012.09$1,471.42
2nd payment$0.00$312.37$0.00
Taxes / mo$257.00$257.00$257.00
Insurance / mo$150.00$150.00$150.00
MI / mo$150.34$150.34$43.18
HOA / mo$362.00$362.00$362.00
Total monthly$1,931.43$2,243.81$2,283.60
Cash to close$65,639$23,990$23,990