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$284,707$286,200
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$1,332.33$1,950.45
2nd payment$0.00$0.00
Taxes / mo$227.08$227.08
Insurance / mo$150.00$150.00
MI / mo$226.73$57.24
HOA / mo$380.00$380.00
Total monthly$2,316.15$2,764.77
Cash to close$33,293$31,800