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$80,184$80,184$279,000
Remaining term (yrs)15.815.830.0
Secondary amount$0$198,816$0
Funding fee$0$0$0
Note rate3.55%3.55%7.24%
Blended rate4.4%6.965%7.48%
1st payment$550.13$550.13$1,901.38
2nd payment$0.00$1,325.44$0.00
Taxes / mo$181.08$181.08$181.08
Insurance / mo$150.00$150.00$150.00
MI / mo$86.24$86.24$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$967.46$2,292.90$2,288.26
Cash to close$229,816$31,000$31,000