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$386,452$387,000
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.11%7.24%
Blended rate6.96%7.48%
1st payment$2,471.96$2,637.40
2nd payment$0.00$0.00
Taxes / mo$185.67$185.67
Insurance / mo$150.00$150.00
MI / mo$288.63$77.40
HOA / mo$34.00$34.00
Total monthly$3,130.26$3,084.46
Cash to close$43,548$43,000