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$287,269$202,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.43%7.24%
Blended rate6.98%7.48%
1st payment$1,879.12$1,380.03
2nd payment$0.00$0.00
Taxes / mo$135.42$135.42
Insurance / mo$150.00$150.00
MI / mo$137.26$40.50
HOA / mo$523.00$523.00
Total monthly$2,824.80$2,228.95
Cash to close$0$22,500