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$457,316$414,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.64%7.24%
Blended rate7.19%7.48%
1st payment$3,022.43$2,821.40
2nd payment$0.00$0.00
Taxes / mo$456.00$456.00
Insurance / mo$166.67$166.67
MI / mo$216.01$82.80
HOA / mo$85.00$85.00
Total monthly$3,946.11$3,611.87
Cash to close$2,684$46,000