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$350,482$346,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.88%7.24%
Blended rate7.43%7.48%
1st payment$2,368.46$2,361.39
2nd payment$0.00$0.00
Taxes / mo$143.08$143.08
Insurance / mo$150.00$150.00
MI / mo$165.16$69.30
HOA / mo$0.00$0.00
Total monthly$2,826.70$2,723.77
Cash to close$34,518$38,500