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$327,794$243,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.41%7.24%
Blended rate6.26%7.48%
1st payment$1,959.30$1,656.04
2nd payment$0.00$0.00
Taxes / mo$134.33$134.33
Insurance / mo$150.00$150.00
MI / mo$246.88$48.60
HOA / mo$0.00$0.00
Total monthly$2,490.51$1,988.97
Cash to close$0$27,000