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$487,862$450,000
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.24%
Blended rate7.05%7.48%
1st payment$3,187.43$3,066.74
2nd payment$0.00$0.00
Taxes / mo$511.00$511.00
Insurance / mo$166.67$166.67
MI / mo$231.13$90.00
HOA / mo$215.00$215.00
Total monthly$4,311.23$4,049.41
Cash to close$12,138$50,000