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$318,317$301,500
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.63%7.24%
Blended rate7.18%7.48%
1st payment$2,075.82$2,054.72
2nd payment$0.00$0.00
Taxes / mo$58.92$58.92
Insurance / mo$150.00$150.00
MI / mo$148.51$60.30
HOA / mo$0.00$0.00
Total monthly$2,433.25$2,323.93
Cash to close$16,683$33,500