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$239,000$229,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.89%7.24%
Blended rate7.44%7.48%
1st payment$1,608.57$1,564.04
2nd payment$0.00$0.00
Taxes / mo$67.00$67.00
Insurance / mo$150.00$150.00
MI / mo$112.06$45.90
HOA / mo$33.33$33.33
Total monthly$1,970.96$1,860.27
Cash to close$16,000$25,500