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$66,741$66,741$206,910
Remaining term (yrs)16.216.230.0
Secondary amount$0$140,169$0
Funding fee$0$0$0
Note rate3.34%3.34%7.24%
Blended rate4.19%6.771%7.48%
1st payment$443.97$443.97$1,410.09
2nd payment$0.00$934.46$0.00
Taxes / mo$169.50$169.50$169.50
Insurance / mo$150.00$150.00$150.00
MI / mo$71.45$71.45$41.38
HOA / mo$315.00$315.00$315.00
Total monthly$1,149.91$2,084.37$2,085.97
Cash to close$163,159$22,990$22,990