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$259,620$252,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.18%7.24%
Blended rate7.73%7.48%
1st payment$1,816.28$1,717.38
2nd payment$0.00$0.00
Taxes / mo$170.58$170.58
Insurance / mo$150.00$150.00
MI / mo$122.88$50.40
HOA / mo$305.00$305.00
Total monthly$2,564.74$2,393.36
Cash to close$20,380$28,000