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$377,384$328,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.41%7.24%
Blended rate6.26%7.48%
1st payment$2,255.72$2,238.72
2nd payment$0.00$0.00
Taxes / mo$409.17$409.17
Insurance / mo$150.00$150.00
MI / mo$284.23$65.70
HOA / mo$160.00$160.00
Total monthly$3,259.11$3,023.59
Cash to close$0$36,500