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$801,097$697,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.81%7.24%
Blended rate7.36%7.48%
1st payment$5,349.79$4,753.45
2nd payment$0.00$0.00
Taxes / mo$418.78$418.78
Insurance / mo$216.67$216.67
MI / mo$375.73$139.50
HOA / mo$0.00$0.00
Total monthly$6,360.97$5,528.39
Cash to close$0$77,500