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$287,153$215,910
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.24%
Blended rate7.05%7.48%
1st payment$1,861.86$1,471.42
2nd payment$0.00$0.00
Taxes / mo$151.58$151.58
Insurance / mo$150.00$150.00
MI / mo$135.01$43.18
HOA / mo$383.00$383.00
Total monthly$2,681.45$2,199.19
Cash to close$0$23,990