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$191,499$191,499$306,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$114,501$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%5.397%7.48%
1st payment$915.37$915.37$2,085.38
2nd payment$0.00$763.34$0.00
Taxes / mo$153.00$153.00$153.00
Insurance / mo$150.00$150.00$150.00
MI / mo$153.99$153.99$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,372.35$2,135.69$2,449.58
Cash to close$148,501$34,000$34,000