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$535,709$432,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.3%7.24%
Blended rate6.85%7.48%
1st payment$3,354.84$2,944.07
2nd payment$0.00$0.00
Taxes / mo$299.25$299.25
Insurance / mo$166.67$166.67
MI / mo$248.42$86.40
HOA / mo$0.00$0.00
Total monthly$4,069.17$3,496.39
Cash to close$0$48,000