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$458,172$449,100
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.1%7.24%
Blended rate3.95%7.48%
1st payment$2,182.21$3,060.61
2nd payment$0.00$0.00
Taxes / mo$299.75$299.75
Insurance / mo$166.67$166.67
MI / mo$361.98$89.82
HOA / mo$65.00$65.00
Total monthly$3,075.61$3,681.84
Cash to close$40,828$49,900