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$167,603$167,603$206,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$38,497$0
Funding fee$0$0$0
Note rate3.05%3.05%7.24%
Blended rate3.9%4.853%7.48%
1st payment$808.20$808.20$1,404.57
2nd payment$0.00$288.73$0.00
Taxes / mo$153.75$153.75$153.75
Insurance / mo$150.00$150.00$150.00
MI / mo$134.92$134.92$41.22
HOA / mo$203.00$203.00$203.00
Total monthly$1,449.87$1,738.60$1,952.54
Cash to close$61,397$22,900$22,900