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$228,735$211,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.27%7.24%
Blended rate7.12%7.48%
1st payment$1,480.35$1,441.37
2nd payment$0.00$0.00
Taxes / mo$137.08$137.08
Insurance / mo$150.00$150.00
MI / mo$169.94$42.30
HOA / mo$436.00$436.00
Total monthly$2,373.38$2,206.75
Cash to close$6,265$23,500