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$593,080$558,000
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.83%7.24%
Blended rate7.38%7.48%
1st payment$3,933.99$3,802.76
2nd payment$0.00$0.00
Taxes / mo$324.08$324.08
Insurance / mo$166.67$166.67
MI / mo$275.73$111.60
HOA / mo$0.00$0.00
Total monthly$4,700.47$4,405.11
Cash to close$26,920$62,000