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$97,262$97,262$243,000
Remaining term (yrs)18.118.130.0
Secondary amount$0$145,738$0
Funding fee$0$0$0
Note rate3.92%3.92%7.24%
Blended rate4.77%6.707%7.48%
1st payment$624.41$624.41$1,656.04
2nd payment$0.00$971.59$0.00
Taxes / mo$180.00$180.00$180.00
Insurance / mo$150.00$150.00$150.00
MI / mo$93.54$93.54$48.60
HOA / mo$425.00$425.00$425.00
Total monthly$1,472.96$2,444.54$2,459.64
Cash to close$172,738$27,000$27,000