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$297,645$280,800
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.34%7.24%
Blended rate6.89%7.48%
1st payment$1,867.95$1,913.65
2nd payment$0.00$0.00
Taxes / mo$156.25$156.25
Insurance / mo$150.00$150.00
MI / mo$137.74$56.16
HOA / mo$288.00$288.00
Total monthly$2,599.93$2,564.06
Cash to close$14,355$31,200