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$386,633$362,700
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.24%
Blended rate7.05%7.48%
1st payment$2,488.68$2,471.79
2nd payment$0.00$0.00
Taxes / mo$71.83$71.83
Insurance / mo$150.00$150.00
MI / mo$180.46$72.54
HOA / mo$8.33$8.33
Total monthly$2,899.31$2,774.50
Cash to close$16,367$40,300