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$105,862$105,862$179,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$74,048$0
Funding fee$0$0$0
Note rate3.16%3.16%7.24%
Blended rate4.01%6.064%7.48%
1st payment$526.10$526.10$1,226.08
2nd payment$0.00$555.36$0.00
Taxes / mo$94.17$94.17$94.17
Insurance / mo$150.00$150.00$150.00
MI / mo$86.61$86.61$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$856.87$1,412.23$1,506.23
Cash to close$94,038$19,990$19,990