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$356,007$229,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.34%7.24%
Blended rate6.89%7.48%
1st payment$2,308.48$1,564.04
2nd payment$0.00$0.00
Taxes / mo$218.08$218.08
Insurance / mo$150.00$150.00
MI / mo$170.22$45.90
HOA / mo$0.00$0.00
Total monthly$2,846.78$1,978.02
Cash to close$0$25,500