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$229,205$126,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.3%7.24%
Blended rate6.15%7.48%
1st payment$1,363.11$858.69
2nd payment$0.00$0.00
Taxes / mo$119.00$119.00
Insurance / mo$150.00$150.00
MI / mo$173.88$25.20
HOA / mo$358.00$358.00
Total monthly$2,163.99$1,510.89
Cash to close$0$14,000