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$356,709$346,500
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.27%7.24%
Blended rate6.82%7.48%
1st payment$2,222.47$2,361.39
2nd payment$0.00$0.00
Taxes / mo$159.25$159.25
Insurance / mo$150.00$150.00
MI / mo$165.09$69.30
HOA / mo$0.00$0.00
Total monthly$2,696.81$2,739.94
Cash to close$28,291$38,500