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$370,887$360,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.92%7.24%
Blended rate7.77%7.48%
1st payment$2,559.54$2,453.39
2nd payment$0.00$0.00
Taxes / mo$330.75$330.75
Insurance / mo$150.00$150.00
MI / mo$274.72$72.00
HOA / mo$231.00$231.00
Total monthly$3,546.01$3,237.14
Cash to close$29,113$40,000