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$1,219,409$989,976
Remaining term (yrs)80.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.22%7.24%
Blended rate4.07%7.48%
1st payment$3,540.18$6,746.67
2nd payment$0.00$0.00
Taxes / mo$474.17$474.17
Insurance / mo$216.67$216.67
MI / mo$873.77$198.00
HOA / mo$0.00$0.00
Total monthly$5,104.78$7,635.49
Cash to close$0$109,997