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$436,428$436,428$441,000
Remaining term (yrs)27.127.130.0
Secondary amount$0$29,072$0
Funding fee$0$0$0
Note rate7.62%7.62%7.24%
Blended rate8.17%8.401%7.48%
1st payment$3,174.48$3,174.48$3,005.41
2nd payment$0.00$287.69$0.00
Taxes / mo$189.42$189.42$189.42
Insurance / mo$166.67$166.67$166.67
MI / mo$205.66$205.66$88.20
HOA / mo$636.00$636.00$636.00
Total monthly$4,372.23$4,659.92$4,085.69
Cash to close$53,572$24,500$49,000