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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$254,924$254,924$274,500
Remaining term (yrs)27.227.230.0
Secondary amount$0$34,826$0
Funding fee$0$0$0
Note rate7.44%7.44%7.24%
Blended rate7.99%8.457%7.48%
1st payment$1,821.94$1,821.94$1,870.71
2nd payment$0.00$344.64$0.00
Taxes / mo$145.17$145.17$145.17
Insurance / mo$150.00$150.00$150.00
MI / mo$120.13$120.13$54.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,237.24$2,581.88$2,220.78
Cash to close$50,076$15,250$30,500