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$370,914$296,910
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.84%7.24%
Blended rate7.39%7.48%
1st payment$2,474.53$2,023.44
2nd payment$0.00$0.00
Taxes / mo$169.17$169.17
Insurance / mo$150.00$150.00
MI / mo$173.26$59.38
HOA / mo$525.00$525.00
Total monthly$3,491.96$2,926.98
Cash to close$0$32,990