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$354,806$329,400
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.22%7.24%
Blended rate6.07%7.48%
1st payment$2,080.45$2,244.85
2nd payment$0.00$0.00
Taxes / mo$240.17$240.17
Insurance / mo$150.00$150.00
MI / mo$267.77$65.88
HOA / mo$250.00$250.00
Total monthly$2,988.39$2,950.90
Cash to close$11,194$36,600