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$484,896$449,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.54%7.24%
Blended rate7.09%7.48%
1st payment$3,209.50$3,066.13
2nd payment$0.00$0.00
Taxes / mo$192.33$192.33
Insurance / mo$166.67$166.67
MI / mo$231.77$89.98
HOA / mo$0.00$0.00
Total monthly$3,800.27$3,515.11
Cash to close$15,004$49,990