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$146,444$146,444$175,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$29,056$0
Funding fee$0$0$0
Note rate2.73%2.73%7.24%
Blended rate3.58%4.477%7.48%
1st payment$683.67$683.67$1,196.03
2nd payment$0.00$217.92$0.00
Taxes / mo$93.17$93.17$93.17
Insurance / mo$150.00$150.00$150.00
MI / mo$118.93$118.93$35.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,045.76$1,263.68$1,474.30
Cash to close$48,556$19,500$19,500