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$465,170$460,800
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.95%7.24%
Blended rate3.8%7.48%
1st payment$2,208.81$3,140.34
2nd payment$0.00$0.00
Taxes / mo$529.33$529.33
Insurance / mo$166.67$166.67
MI / mo$373.49$92.16
HOA / mo$75.00$75.00
Total monthly$3,353.30$4,003.50
Cash to close$46,830$51,200