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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$470,702$470,702$472,410
Remaining term (yrs)27.327.330.0
Secondary amount$0$27,953$0
Funding fee$0$0$0
Note rate6.62%6.62%7.24%
Blended rate7.17%7.434%7.48%
1st payment$3,104.83$3,104.83$3,219.47
2nd payment$0.00$276.62$0.00
Taxes / mo$334.08$334.08$334.08
Insurance / mo$166.67$166.67$166.67
MI / mo$222.36$222.36$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,827.93$4,104.55$3,814.70
Cash to close$54,198$26,245$52,490