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$348,569$350,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.62%7.24%
Blended rate8.17%7.48%
1st payment$2,535.42$2,385.92
2nd payment$0.00$0.00
Taxes / mo$158.25$158.25
Insurance / mo$150.00$150.00
MI / mo$164.26$70.02
HOA / mo$66.25$66.25
Total monthly$3,074.18$2,830.44
Cash to close$40,431$38,900