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$425,452$416,700
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.1%7.24%
Blended rate5.95%7.48%
1st payment$2,472.04$2,839.80
2nd payment$0.00$0.00
Taxes / mo$209.08$209.08
Insurance / mo$166.67$166.67
MI / mo$322.50$83.34
HOA / mo$0.00$0.00
Total monthly$3,170.30$3,298.89
Cash to close$37,548$46,300