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$539,841$513,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.64%7.24%
Blended rate7.19%7.48%
1st payment$3,564.03$3,496.09
2nd payment$0.00$0.00
Taxes / mo$273.75$273.75
Insurance / mo$166.67$166.67
MI / mo$254.72$102.60
HOA / mo$6.67$6.67
Total monthly$4,265.83$4,045.77
Cash to close$30,159$57,000