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$318,510$314,550
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.07%7.24%
Blended rate3.92%7.48%
1st payment$1,512.01$2,143.65
2nd payment$0.00$0.00
Taxes / mo$196.92$196.92
Insurance / mo$150.00$150.00
MI / mo$251.77$62.91
HOA / mo$380.00$380.00
Total monthly$2,490.70$2,933.48
Cash to close$30,990$34,950