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$310,057$314,910
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.7%7.24%
Blended rate3.55%7.48%
1st payment$1,425.74$2,146.11
2nd payment$0.00$0.00
Taxes / mo$155.25$155.25
Insurance / mo$150.00$150.00
MI / mo$248.99$62.98
HOA / mo$30.33$30.33
Total monthly$2,010.31$2,544.67
Cash to close$39,843$34,990