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$84,148$84,148$162,589
Remaining term (yrs)14.014.030.0
Secondary amount$0$78,440$0
Funding fee$0$0$0
Note rate4.35%4.35%7.24%
Blended rate5.2%7.033%7.48%
1st payment$666.79$666.79$1,108.04
2nd payment$0.00$588.30$0.00
Taxes / mo$74.33$74.33$74.33
Insurance / mo$150.00$150.00$150.00
MI / mo$94.88$94.88$32.52
HOA / mo$394.00$394.00$394.00
Total monthly$1,380.00$1,968.30$1,758.89
Cash to close$96,506$18,065$18,065