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$400,115$319,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.45%7.24%
Blended rate4.3%7.48%
1st payment$1,971.79$2,177.39
2nd payment$0.00$0.00
Taxes / mo$280.50$280.50
Insurance / mo$150.00$150.00
MI / mo$312.98$63.90
HOA / mo$0.00$0.00
Total monthly$2,715.26$2,671.79
Cash to close$0$35,500