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$340,601$313,200
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$1,593.89$2,134.45
2nd payment$0.00$0.00
Taxes / mo$215.17$215.17
Insurance / mo$150.00$150.00
MI / mo$271.25$62.64
HOA / mo$385.00$385.00
Total monthly$2,615.31$2,947.26
Cash to close$7,399$34,800