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$49,264$49,264$180,000
Remaining term (yrs)15.815.830.0
Secondary amount$0$130,736$0
Funding fee$0$0$0
Note rate3.59%3.59%7.24%
Blended rate4.44%7.026%7.48%
1st payment$338.97$338.97$1,226.70
2nd payment$0.00$871.57$0.00
Taxes / mo$117.67$117.67$117.67
Insurance / mo$150.00$150.00$150.00
MI / mo$52.88$52.88$36.00
HOA / mo$351.00$351.00$351.00
Total monthly$1,010.52$1,882.09$1,881.36
Cash to close$150,736$20,000$20,000