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$311,626$238,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.81%7.24%
Blended rate6.66%7.48%
1st payment$1,943.65$1,625.37
2nd payment$0.00$0.00
Taxes / mo$257.67$257.67
Insurance / mo$150.00$150.00
MI / mo$234.38$47.70
HOA / mo$380.00$380.00
Total monthly$2,965.70$2,460.74
Cash to close$0$26,500