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$433,097$395,910
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.9%7.24%
Blended rate7.45%7.48%
1st payment$2,929.42$2,698.12
2nd payment$0.00$0.00
Taxes / mo$346.33$346.33
Insurance / mo$150.00$150.00
MI / mo$203.86$79.18
HOA / mo$35.00$35.00
Total monthly$3,664.62$3,308.63
Cash to close$6,803$43,990