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$194,836$194,836$289,800
Remaining term (yrs)23.723.730.0
Secondary amount$0$94,964$0
Funding fee$0$0$0
Note rate3.21%3.21%7.24%
Blended rate4.06%5.679%7.48%
1st payment$977.89$977.89$1,974.98
2nd payment$0.00$712.23$0.00
Taxes / mo$147.83$147.83$147.83
Insurance / mo$150.00$150.00$150.00
MI / mo$159.97$159.97$57.96
HOA / mo$0.00$0.00$0.00
Total monthly$1,435.69$2,147.92$2,330.77
Cash to close$127,164$32,200$32,200