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$624,205$539,910
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.96%7.24%
Blended rate7.51%7.48%
1st payment$4,205.68$3,679.48
2nd payment$0.00$0.00
Taxes / mo$796.83$796.83
Insurance / mo$166.67$166.67
MI / mo$290.91$107.98
HOA / mo$36.33$36.33
Total monthly$5,496.41$4,787.29
Cash to close$0$59,990