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$118,068$118,068$247,410
Remaining term (yrs)18.318.330.0
Secondary amount$0$129,342$0
Funding fee$0$0$0
Note rate3.73%3.73%7.24%
Blended rate4.58%6.368%7.48%
1st payment$739.39$739.39$1,686.09
2nd payment$0.00$862.28$0.00
Taxes / mo$125.67$125.67$125.67
Insurance / mo$150.00$150.00$150.00
MI / mo$113.37$113.37$49.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,128.42$1,990.70$2,011.24
Cash to close$156,832$27,490$27,490