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$556,240$481,500
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.9%7.24%
Blended rate7.75%7.48%
1st payment$3,831.52$3,281.41
2nd payment$0.00$0.00
Taxes / mo$391.42$391.42
Insurance / mo$166.67$166.67
MI / mo$412.08$96.30
HOA / mo$27.00$27.00
Total monthly$4,828.69$3,962.80
Cash to close$0$53,500