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$759,549$625,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.96%7.24%
Blended rate7.51%7.48%
1st payment$5,157.06$4,262.77
2nd payment$0.00$0.00
Taxes / mo$385.08$385.08
Insurance / mo$166.67$166.67
MI / mo$356.71$125.10
HOA / mo$0.00$0.00
Total monthly$6,065.52$4,939.62
Cash to close$0$69,500