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$412,113$342,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.87%7.24%
Blended rate7.42%7.48%
1st payment$2,785.11$2,330.72
2nd payment$0.00$0.00
Taxes / mo$217.08$217.08
Insurance / mo$150.00$150.00
MI / mo$194.41$68.40
HOA / mo$0.00$0.00
Total monthly$3,346.61$2,766.21
Cash to close$0$38,000