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$559,347$535,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.25%7.24%
Blended rate4.8%7.48%
1st payment$2,849.82$3,649.42
2nd payment$0.00$0.00
Taxes / mo$582.00$582.00
Insurance / mo$0.00$0.00
MI / mo$265.51$107.10
HOA / mo$75.00$75.00
Total monthly$3,772.34$4,413.52
Cash to close$35,653$59,500