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$446,581$432,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.96%7.24%
Blended rate7.51%7.48%
1st payment$3,069.76$2,944.07
2nd payment$0.00$0.00
Taxes / mo$466.58$466.58
Insurance / mo$166.67$166.67
MI / mo$212.34$86.40
HOA / mo$0.00$0.00
Total monthly$3,915.34$3,663.72
Cash to close$33,419$48,000