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$225,263$193,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.35%7.24%
Blended rate6.9%7.48%
1st payment$1,435.77$1,318.70
2nd payment$0.00$0.00
Taxes / mo$133.00$133.00
Insurance / mo$150.00$150.00
MI / mo$105.76$38.70
HOA / mo$545.00$545.00
Total monthly$2,369.52$2,185.40
Cash to close$0$21,500