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$427,353$395,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.44%7.24%
Blended rate7.99%7.48%
1st payment$3,057.19$2,692.60
2nd payment$0.00$0.00
Taxes / mo$254.67$254.67
Insurance / mo$150.00$150.00
MI / mo$201.58$79.02
HOA / mo$0.00$0.00
Total monthly$3,663.44$3,176.29
Cash to close$11,647$43,900