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$113,666$113,666$396,539
Remaining term (yrs)23.623.630.0
Secondary amount$0$282,873$0
Funding fee$0$0$0
Note rate3.23%3.23%7.24%
Blended rate4.08%6.698%7.48%
1st payment$573.02$573.02$2,702.41
2nd payment$0.00$1,826.89$0.00
Taxes / mo$190.08$190.08$190.08
Insurance / mo$150.00$150.00$150.00
MI / mo$93.50$93.50$79.31
HOA / mo$0.00$0.00$0.00
Total monthly$1,006.61$2,833.50$3,121.80
Cash to close$326,933$44,060$44,060