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$278,688$279,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.625%7.24%
Blended rate6.175%7.48%
1st payment$1,663.47$1,901.38
2nd payment$0.00$0.00
Taxes / mo$199.58$199.58
Insurance / mo$150.00$150.00
MI / mo$132.44$55.80
HOA / mo$385.00$385.00
Total monthly$2,530.50$2,691.76
Cash to close$31,312$31,000