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$303,702$289,800
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.85%7.24%
Blended rate7.4%7.48%
1st payment$2,036.09$1,974.98
2nd payment$0.00$0.00
Taxes / mo$175.08$175.08
Insurance / mo$150.00$150.00
MI / mo$142.42$57.96
HOA / mo$100.00$100.00
Total monthly$2,603.59$2,458.02
Cash to close$18,298$32,200