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$149,348$149,348$215,100
Remaining term (yrs)20.520.530.0
Secondary amount$0$65,752$0
Funding fee$0$0$0
Note rate4.1%4.1%7.24%
Blended rate4.95%6.188%7.48%
1st payment$896.23$896.23$1,465.90
2nd payment$0.00$493.14$0.00
Taxes / mo$163.08$163.08$163.08
Insurance / mo$150.00$150.00$150.00
MI / mo$131.38$131.38$43.02
HOA / mo$865.00$865.00$865.00
Total monthly$2,205.69$2,698.83$2,687.01
Cash to close$89,652$23,900$23,900