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$191,985$191,985$494,910
Remaining term (yrs)21.221.230.0
Secondary amount$0$302,925$0
Funding fee$0$0$0
Note rate3.9%3.9%7.24%
Blended rate4.75%6.586%7.48%
1st payment$1,108.62$1,108.62$3,372.80
2nd payment$0.00$1,956.39$0.00
Taxes / mo$261.08$261.08$261.08
Insurance / mo$166.67$166.67$166.67
MI / mo$166.49$166.49$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,702.86$3,659.25$3,899.53
Cash to close$357,915$54,990$54,990