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$398,553$382,410
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.71%7.24%
Blended rate7.26%7.48%
1st payment$2,672.29$2,606.12
2nd payment$0.00$0.00
Taxes / mo$186.75$186.75
Insurance / mo$150.00$150.00
MI / mo$189.61$76.48
HOA / mo$0.00$0.00
Total monthly$3,198.66$3,019.35
Cash to close$26,347$42,490