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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$566,470$566,470$576,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$41,530$0
Funding fee$0$0$0
Note rate6.92%6.92%7.24%
Blended rate7.47%7.771%7.48%
1st payment$3,827.48$3,827.48$3,925.43
2nd payment$0.00$410.98$0.00
Taxes / mo$768.08$768.08$768.08
Insurance / mo$166.67$166.67$166.67
MI / mo$265.82$265.82$115.20
HOA / mo$45.00$45.00$45.00
Total monthly$5,073.05$5,484.03$5,020.38
Cash to close$73,530$32,000$64,000