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$48,442$48,442$175,410
Remaining term (yrs)16.516.530.0
Secondary amount$0$126,968$0
Funding fee$0$0$0
Note rate3.57%3.57%7.24%
Blended rate4.42%7.011%7.48%
1st payment$322.90$322.90$1,195.42
2nd payment$0.00$846.46$0.00
Taxes / mo$55.33$55.33$55.33
Insurance / mo$150.00$150.00$150.00
MI / mo$50.49$50.49$35.08
HOA / mo$350.00$350.00$350.00
Total monthly$928.73$1,775.19$1,785.83
Cash to close$146,458$19,490$19,490