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$140,870$140,870$179,910
Remaining term (yrs)21.221.230.0
Secondary amount$0$39,040$0
Funding fee$0$0$0
Note rate3.94%3.94%7.24%
Blended rate4.79%5.704%7.48%
1st payment$814.41$814.41$1,226.08
2nd payment$0.00$292.80$0.00
Taxes / mo$139.33$139.33$139.33
Insurance / mo$150.00$150.00$150.00
MI / mo$121.71$121.71$35.98
HOA / mo$380.00$380.00$380.00
Total monthly$1,605.46$1,898.25$1,931.40
Cash to close$59,030$19,990$19,990