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$158,148$153,000
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.97%7.24%
Blended rate3.82%7.48%
1st payment$752.59$1,042.69
2nd payment$0.00$0.00
Taxes / mo$93.08$93.08
Insurance / mo$150.00$150.00
MI / mo$126.93$30.60
HOA / mo$296.00$296.00
Total monthly$1,418.60$1,612.38
Cash to close$11,852$17,000