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$219,484$144,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.36%7.24%
Blended rate6.91%7.48%
1st payment$1,431.16$981.36
2nd payment$0.00$0.00
Taxes / mo$114.17$114.17
Insurance / mo$150.00$150.00
MI / mo$105.31$28.80
HOA / mo$712.00$712.00
Total monthly$2,512.63$1,986.32
Cash to close$0$16,000