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$417,960$373,500
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.99%7.24%
Blended rate5.54%7.48%
1st payment$2,280.64$2,545.40
2nd payment$0.00$0.00
Taxes / mo$199.25$199.25
Insurance / mo$150.00$150.00
MI / mo$194.94$74.70
HOA / mo$71.00$71.00
Total monthly$2,895.83$3,040.35
Cash to close$0$41,500