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$262,010$260,910
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.64%7.24%
Blended rate7.19%7.48%
1st payment$1,731.64$1,778.10
2nd payment$0.00$0.00
Taxes / mo$161.00$161.00
Insurance / mo$150.00$150.00
MI / mo$123.76$52.18
HOA / mo$300.00$300.00
Total monthly$2,466.40$2,441.28
Cash to close$27,890$28,990