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$432,923$418,500
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$2,905.66$2,852.07
2nd payment$0.00$0.00
Taxes / mo$346.33$346.33
Insurance / mo$166.67$166.67
MI / mo$203.86$83.70
HOA / mo$35.00$35.00
Total monthly$3,657.52$3,483.77
Cash to close$32,077$46,500