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$528,789$508,500
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.63%7.24%
Blended rate7.18%7.48%
1st payment$3,428.25$3,465.42
2nd payment$0.00$0.00
Taxes / mo$345.00$345.00
Insurance / mo$166.67$166.67
MI / mo$245.27$101.70
HOA / mo$50.00$50.00
Total monthly$4,235.19$4,128.78
Cash to close$36,211$56,500