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$458,996$450,000
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.58%7.24%
Blended rate7.43%7.48%
1st payment$3,064.12$3,066.74
2nd payment$0.00$0.00
Taxes / mo$247.33$247.33
Insurance / mo$166.67$166.67
MI / mo$340.54$90.00
HOA / mo$0.00$0.00
Total monthly$3,818.66$3,570.74
Cash to close$41,004$50,000