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$72,442$72,442$697,500
Remaining term (yrs)1.01.030.0
Secondary amount$0$625,058$0
Funding fee$0$0$0
Note rate2.93%2.93%7.24%
Blended rate3.78%7.338%7.48%
1st payment$5,668.16$5,668.16$4,753.45
2nd payment$0.00$4,036.83$0.00
Taxes / mo$346.00$346.00$346.00
Insurance / mo$216.67$216.67$216.67
MI / mo$304.58$304.58$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$6,535.41$10,572.25$5,455.62
Cash to close$702,558$77,500$77,500