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$366,987$288,000
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.2%7.24%
Blended rate7.75%7.48%
1st payment$2,569.65$1,962.71
2nd payment$0.00$0.00
Taxes / mo$611.67$611.67
Insurance / mo$150.00$150.00
MI / mo$173.51$57.60
HOA / mo$83.33$83.33
Total monthly$3,588.16$2,865.31
Cash to close$0$32,000