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$346,925$287,910
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.6%7.24%
Blended rate7.15%7.48%
1st payment$2,288.88$1,962.10
2nd payment$0.00$0.00
Taxes / mo$76.58$76.58
Insurance / mo$150.00$150.00
MI / mo$164.26$57.58
HOA / mo$0.00$0.00
Total monthly$2,679.72$2,246.27
Cash to close$0$31,990