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$556,609$495,000
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.81%7.24%
Blended rate7.66%7.48%
1st payment$3,797.51$3,373.42
2nd payment$0.00$0.00
Taxes / mo$349.92$349.92
Insurance / mo$166.67$166.67
MI / mo$412.19$99.00
HOA / mo$0.00$0.00
Total monthly$4,726.29$3,989.00
Cash to close$0$55,000