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$90,443$90,443$242,010
Remaining term (yrs)19.519.530.0
Secondary amount$0$151,567$0
Funding fee$0$0$0
Note rate3.68%3.68%7.24%
Blended rate4.53%6.703%7.48%
1st payment$540.62$540.62$1,649.29
2nd payment$0.00$1,010.45$0.00
Taxes / mo$117.50$117.50$117.50
Insurance / mo$150.00$150.00$150.00
MI / mo$83.40$83.40$48.40
HOA / mo$331.00$331.00$331.00
Total monthly$1,222.52$2,232.97$2,296.20
Cash to close$178,457$26,890$26,890