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$412,239$369,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.1%7.24%
Blended rate5.95%7.48%
1st payment$2,399.02$2,514.73
2nd payment$0.00$0.00
Taxes / mo$198.08$198.08
Insurance / mo$150.00$150.00
MI / mo$312.98$73.80
HOA / mo$0.00$0.00
Total monthly$3,060.08$2,936.61
Cash to close$0$41,000