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$472,145$449,100
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.23%7.24%
Blended rate6.08%7.48%
1st payment$2,783.97$3,060.61
2nd payment$0.00$0.00
Taxes / mo$166.83$166.83
Insurance / mo$166.67$166.67
MI / mo$357.91$89.82
HOA / mo$0.00$0.00
Total monthly$3,475.39$3,483.93
Cash to close$26,855$49,900