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$347,739$314,100
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.23%7.24%
Blended rate6.08%7.48%
1st payment$2,050.42$2,140.59
2nd payment$0.00$0.00
Taxes / mo$206.75$206.75
Insurance / mo$150.00$150.00
MI / mo$263.61$62.82
HOA / mo$0.00$0.00
Total monthly$2,670.77$2,560.16
Cash to close$1,261$34,900