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$537,247$512,010
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.84%7.24%
Blended rate7.39%7.48%
1st payment$3,567.18$3,489.34
2nd payment$0.00$0.00
Taxes / mo$520.58$520.58
Insurance / mo$166.67$166.67
MI / mo$249.77$102.40
HOA / mo$18.75$18.75
Total monthly$4,522.95$4,297.74
Cash to close$31,653$56,890