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$438,514$438,514$445,500
Remaining term (yrs)27.327.330.0
Secondary amount$0$31,736$0
Funding fee$0$0$0
Note rate6.74%6.74%7.24%
Blended rate7.29%7.599%7.48%
1st payment$2,926.51$2,926.51$3,036.07
2nd payment$0.00$314.05$0.00
Taxes / mo$246.33$246.33$246.33
Insurance / mo$166.67$166.67$166.67
MI / mo$207.01$207.01$89.10
HOA / mo$12.50$12.50$12.50
Total monthly$3,559.02$3,873.08$3,550.67
Cash to close$56,486$24,750$49,500