HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$361,060$355,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.07%7.24%
Blended rate7.62%7.48%
1st payment$2,499.92$2,422.73
2nd payment$0.00$0.00
Taxes / mo$190.75$190.75
Insurance / mo$150.00$150.00
MI / mo$171.01$71.10
HOA / mo$250.00$250.00
Total monthly$3,261.68$3,084.58
Cash to close$33,940$39,500