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$343,366$342,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.65%7.24%
Blended rate7.2%7.48%
1st payment$2,299.47$2,330.72
2nd payment$0.00$0.00
Taxes / mo$346.00$346.00
Insurance / mo$150.00$150.00
MI / mo$164.17$68.40
HOA / mo$84.00$84.00
Total monthly$3,043.64$2,979.12
Cash to close$36,634$38,000