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$386,741$361,800
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.88%7.24%
Blended rate3.73%7.48%
1st payment$1,809.92$2,465.66
2nd payment$0.00$0.00
Taxes / mo$208.50$208.50
Insurance / mo$150.00$150.00
MI / mo$308.80$72.36
HOA / mo$0.00$0.00
Total monthly$2,477.23$2,896.52
Cash to close$15,259$40,200