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$193,027$193,027$287,999
Remaining term (yrs)21.121.130.0
Secondary amount$0$94,972$0
Funding fee$0$0$0
Note rate3.94%3.94%7.24%
Blended rate4.79%6.178%7.48%
1st payment$1,121.56$1,121.56$1,962.71
2nd payment$0.00$712.29$0.00
Taxes / mo$223.42$223.42$223.42
Insurance / mo$150.00$150.00$150.00
MI / mo$167.62$167.62$57.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,662.59$2,374.88$2,393.72
Cash to close$126,972$32,000$32,000