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$150,540$150,540$234,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$83,460$0
Funding fee$0$0$0
Note rate3.49%3.49%7.24%
Blended rate4.34%6.002%7.48%
1st payment$794.07$794.07$1,594.71
2nd payment$0.00$625.95$0.00
Taxes / mo$124.83$124.83$124.83
Insurance / mo$150.00$150.00$150.00
MI / mo$125.41$125.41$46.80
HOA / mo$480.00$480.00$480.00
Total monthly$1,674.32$2,300.27$2,396.34
Cash to close$109,460$26,000$26,000