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$335,846$310,500
Remaining term (yrs)24.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3%7.24%
Blended rate3.85%7.48%
1st payment$1,614.47$2,116.05
2nd payment$0.00$0.00
Taxes / mo$247.50$247.50
Insurance / mo$150.00$150.00
MI / mo$271.25$62.10
HOA / mo$0.00$0.00
Total monthly$2,283.22$2,575.65
Cash to close$9,154$34,500