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$338,418$309,600
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.72%7.24%
Blended rate7.27%7.48%
1st payment$2,214.01$2,109.92
2nd payment$0.00$0.00
Taxes / mo$190.75$190.75
Insurance / mo$150.00$150.00
MI / mo$156.94$61.92
HOA / mo$500.00$500.00
Total monthly$3,211.69$3,012.59
Cash to close$5,582$34,400