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$370,373$369,000
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.625%7.24%
Blended rate5.175%7.48%
1st payment$2,000.53$2,514.73
2nd payment$0.00$0.00
Taxes / mo$356.58$356.58
Insurance / mo$150.00$150.00
MI / mo$178.34$73.80
HOA / mo$81.00$81.00
Total monthly$2,766.45$3,176.11
Cash to close$39,627$41,000