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$186,085$186,085$242,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$56,825$0
Funding fee$0$0$0
Note rate3.56%3.56%7.24%
Blended rate4.41%5.484%7.48%
1st payment$986.14$986.14$1,655.43
2nd payment$0.00$426.19$0.00
Taxes / mo$186.25$186.25$186.25
Insurance / mo$150.00$150.00$150.00
MI / mo$154.40$154.40$48.58
HOA / mo$375.00$375.00$375.00
Total monthly$1,851.79$2,277.98$2,415.26
Cash to close$83,815$26,990$26,990