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$93,086$93,086$180,000
Remaining term (yrs)18.918.930.0
Secondary amount$0$86,914$0
Funding fee$0$0$0
Note rate3.89%3.89%7.24%
Blended rate4.74%6.797%7.48%
1st payment$578.20$578.20$1,226.70
2nd payment$0.00$651.86$0.00
Taxes / mo$166.17$166.17$166.17
Insurance / mo$150.00$150.00$150.00
MI / mo$86.94$86.94$36.00
HOA / mo$413.00$413.00$413.00
Total monthly$1,394.30$2,046.16$1,991.86
Cash to close$106,914$20,000$20,000