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$234,449$229,500
Remaining term (yrs)22.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.63%7.24%
Blended rate5.48%7.48%
1st payment$1,414.34$1,564.04
2nd payment$0.00$0.00
Taxes / mo$155.50$155.50
Insurance / mo$150.00$150.00
MI / mo$194.74$45.90
HOA / mo$0.00$0.00
Total monthly$1,914.58$1,915.44
Cash to close$20,551$25,500