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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$147,164$147,164$324,000
Remaining term (yrs)2.72.730.0
Secondary amount$0$176,836$0
Funding fee$0$0$0
Note rate6.31%6.31%7.24%
Blended rate6.86%7.482%7.48%
1st payment$4,869.32$4,869.32$2,208.05
2nd payment$0.00$1,178.90$0.00
Taxes / mo$126.83$126.83$126.83
Insurance / mo$150.00$150.00$150.00
MI / mo$114.58$114.58$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$5,260.74$6,439.64$2,549.69
Cash to close$212,836$36,000$36,000