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$266,667$175,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.35%7.24%
Blended rate3.2%7.48%
1st payment$1,162.10$1,196.03
2nd payment$0.00$0.00
Taxes / mo$109.08$109.08
Insurance / mo$150.00$150.00
MI / mo$212.50$35.10
HOA / mo$682.00$682.00
Total monthly$2,315.68$2,172.21
Cash to close$0$19,500