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$374,531$378,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.15%7.24%
Blended rate6.7%7.48%
1st payment$2,392.77$2,576.06
2nd payment$0.00$0.00
Taxes / mo$177.92$177.92
Insurance / mo$150.00$150.00
MI / mo$180.01$75.60
HOA / mo$0.00$0.00
Total monthly$2,900.70$2,979.58
Cash to close$45,469$42,000