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$540,700$512,999
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.24%
Blended rate7.05%7.48%
1st payment$3,456.22$3,496.08
2nd payment$0.00$0.00
Taxes / mo$152.83$152.83
Insurance / mo$166.67$166.67
MI / mo$250.62$102.60
HOA / mo$33.00$33.00
Total monthly$4,059.35$3,951.18
Cash to close$29,299$57,000