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$729,138$607,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.82%7.24%
Blended rate7.37%7.48%
1st payment$4,893.78$4,140.10
2nd payment$0.00$0.00
Taxes / mo$475.33$475.33
Insurance / mo$166.67$166.67
MI / mo$343.35$121.50
HOA / mo$105.00$105.00
Total monthly$5,984.13$5,008.60
Cash to close$0$67,500