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$212,474$202,500
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.77%7.24%
Blended rate3.62%7.48%
1st payment$984.62$1,380.03
2nd payment$0.00$0.00
Taxes / mo$166.25$166.25
Insurance / mo$150.00$150.00
MI / mo$170.40$40.50
HOA / mo$299.00$299.00
Total monthly$1,770.27$2,035.78
Cash to close$12,526$22,500