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$595,446$571,500
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.82%7.24%
Blended rate7.37%7.48%
1st payment$4,008.91$3,894.76
2nd payment$0.00$0.00
Taxes / mo$565.50$565.50
Insurance / mo$166.67$166.67
MI / mo$281.27$114.30
HOA / mo$127.00$127.00
Total monthly$5,149.34$4,868.23
Cash to close$39,554$63,500