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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$483,683$483,683$490,500
Remaining term (yrs)26.226.230.0
Secondary amount$0$34,067$0
Funding fee$0$0$0
Note rate6.81%6.81%7.24%
Blended rate7.66%7.937%7.48%
1st payment$3,299.97$3,299.97$3,342.75
2nd payment$0.00$337.12$0.00
Taxes / mo$554.50$554.50$554.50
Insurance / mo$166.67$166.67$166.67
MI / mo$358.18$358.18$98.10
HOA / mo$50.00$50.00$50.00
Total monthly$4,429.32$4,766.44$4,212.02
Cash to close$61,317$27,250$54,500