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$285,950$270,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.63%7.24%
Blended rate7.18%7.48%
1st payment$1,855.66$1,840.04
2nd payment$0.00$0.00
Taxes / mo$139.67$139.67
Insurance / mo$150.00$150.00
MI / mo$132.76$54.00
HOA / mo$264.00$264.00
Total monthly$2,542.08$2,447.71
Cash to close$14,050$30,000