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$407,025$405,000
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.45%7.24%
Blended rate4.3%7.48%
1st payment$2,005.84$2,760.07
2nd payment$0.00$0.00
Taxes / mo$450.00$450.00
Insurance / mo$150.00$150.00
MI / mo$318.38$81.00
HOA / mo$0.00$0.00
Total monthly$2,924.22$3,441.07
Cash to close$42,975$45,000