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$215,274$220,500
Remaining term (yrs)22.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.57%7.24%
Blended rate8.12%7.48%
1st payment$1,671.89$1,502.70
2nd payment$0.00$0.00
Taxes / mo$90.92$90.92
Insurance / mo$150.00$150.00
MI / mo$103.06$44.10
HOA / mo$0.00$0.00
Total monthly$2,015.86$1,787.72
Cash to close$29,726$24,500