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$265,040$157,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.03%7.24%
Blended rate7.58%7.48%
1st payment$1,811.71$1,073.36
2nd payment$0.00$0.00
Taxes / mo$131.67$131.67
Insurance / mo$150.00$150.00
MI / mo$124.43$31.50
HOA / mo$497.00$497.00
Total monthly$2,714.81$1,883.53
Cash to close$0$17,500