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$251,197$251,550
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.79%7.24%
Blended rate7.34%7.48%
1st payment$1,699.08$1,714.31
2nd payment$0.00$0.00
Taxes / mo$103.33$103.33
Insurance / mo$150.00$150.00
MI / mo$119.58$50.31
HOA / mo$0.00$0.00
Total monthly$2,071.99$2,017.95
Cash to close$28,303$27,950