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
Current Market Conventional
New · Conventional
Loan amount$314,286$307,800
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.9%7.24%
Blended rate3.75%7.48%
1st payment$1,470.75$2,097.65
2nd payment$0.00$0.00
Taxes / mo$261.92$261.92
Insurance / mo$150.00$150.00
MI / mo$250.29$61.56
HOA / mo$0.00$0.00
Total monthly$2,132.95$2,571.13
Cash to close$27,714$34,200