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$150,122$150,122$310,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$160,378$0
Funding fee$0$0$0
Note rate3.05%3.05%7.24%
Blended rate3.9%6.018%7.48%
1st payment$725.56$725.56$2,116.05
2nd payment$0.00$1,069.18$0.00
Taxes / mo$193.75$193.75$193.75
Insurance / mo$150.00$150.00$150.00
MI / mo$121.13$121.13$62.10
HOA / mo$310.00$310.00$310.00
Total monthly$1,500.44$2,569.62$2,831.90
Cash to close$194,878$34,500$34,500