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$342,425$346,499
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.66%7.24%
Blended rate6.51%7.48%
1st payment$2,098.50$2,361.38
2nd payment$0.00$0.00
Taxes / mo$114.08$114.08
Insurance / mo$150.00$150.00
MI / mo$257.23$69.30
HOA / mo$300.00$300.00
Total monthly$2,919.81$2,994.77
Cash to close$42,574$38,500