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$479,485$459,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.35%7.24%
Blended rate6.9%7.48%
1st payment$3,115.92$3,128.08
2nd payment$0.00$0.00
Taxes / mo$306.67$306.67
Insurance / mo$166.67$166.67
MI / mo$229.52$91.80
HOA / mo$0.00$0.00
Total monthly$3,818.77$3,693.21
Cash to close$30,515$51,000