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$356,453$328,500
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.93%7.24%
Blended rate7.48%7.48%
1st payment$2,394.60$2,238.72
2nd payment$0.00$0.00
Taxes / mo$191.08$191.08
Insurance / mo$150.00$150.00
MI / mo$166.14$65.70
HOA / mo$437.00$437.00
Total monthly$3,338.82$3,082.50
Cash to close$8,547$36,500