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$507,308$503,910
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.74%7.24%
Blended rate7.29%7.48%
1st payment$3,382.06$3,434.14
2nd payment$0.00$0.00
Taxes / mo$276.75$276.75
Insurance / mo$166.67$166.67
MI / mo$239.24$100.78
HOA / mo$0.00$0.00
Total monthly$4,064.72$3,978.34
Cash to close$52,592$55,990