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$352,298$314,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.96%7.24%
Blended rate7.51%7.48%
1st payment$2,419.09$2,146.11
2nd payment$0.00$0.00
Taxes / mo$267.50$267.50
Insurance / mo$150.00$150.00
MI / mo$167.33$62.98
HOA / mo$270.00$270.00
Total monthly$3,273.92$2,896.59
Cash to close$0$34,990