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$370,808$373,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.18%7.24%
Blended rate7.73%7.48%
1st payment$2,594.14$2,545.40
2nd payment$0.00$0.00
Taxes / mo$98.58$98.58
Insurance / mo$150.00$150.00
MI / mo$175.51$74.70
HOA / mo$0.00$0.00
Total monthly$3,018.24$2,868.68
Cash to close$44,192$41,500