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$76,874$76,874$314,100
Remaining term (yrs)15.615.630.0
Secondary amount$0$237,226$0
Funding fee$0$0$0
Note rate3.9%3.9%7.24%
Blended rate4.75%7.016%7.48%
1st payment$547.11$547.11$2,140.59
2nd payment$0.00$1,532.08$0.00
Taxes / mo$150.58$150.58$150.58
Insurance / mo$150.00$150.00$150.00
MI / mo$82.16$82.16$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$929.86$2,461.94$2,503.99
Cash to close$272,126$34,900$34,900