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$391,829$386,910
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.76%7.24%
Blended rate8.31%7.48%
1st payment$2,886.86$2,636.78
2nd payment$0.00$0.00
Taxes / mo$111.00$111.00
Insurance / mo$150.00$150.00
MI / mo$184.51$77.38
HOA / mo$0.00$0.00
Total monthly$3,332.38$2,975.17
Cash to close$38,071$42,990