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$281,391$282,600
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.36%7.24%
Blended rate6.91%7.48%
1st payment$1,834.82$1,925.91
2nd payment$0.00$0.00
Taxes / mo$142.67$142.67
Insurance / mo$150.00$150.00
MI / mo$135.01$56.52
HOA / mo$0.00$0.00
Total monthly$2,262.50$2,275.10
Cash to close$32,609$31,400