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$430,495$409,500
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.82%7.24%
Blended rate7.37%7.48%
1st payment$2,886.41$2,790.73
2nd payment$0.00$0.00
Taxes / mo$173.83$173.83
Insurance / mo$166.67$166.67
MI / mo$202.51$81.90
HOA / mo$0.00$0.00
Total monthly$3,429.43$3,213.13
Cash to close$24,505$45,500