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$281,239$245,250
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.1%7.24%
Blended rate5.95%7.48%
1st payment$1,636.66$1,671.37
2nd payment$0.00$0.00
Taxes / mo$136.00$136.00
Insurance / mo$150.00$150.00
MI / mo$213.52$49.05
HOA / mo$315.00$315.00
Total monthly$2,451.18$2,321.42
Cash to close$0$27,250