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$316,304$321,300
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.55%7.24%
Blended rate4.4%7.48%
1st payment$1,578.98$2,189.65
2nd payment$0.00$0.00
Taxes / mo$260.42$260.42
Insurance / mo$150.00$150.00
MI / mo$247.53$64.26
HOA / mo$0.00$0.00
Total monthly$2,236.93$2,664.33
Cash to close$40,696$35,700