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$569,893$558,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.6%7.24%
Blended rate7.15%7.48%
1st payment$3,793.90$3,802.76
2nd payment$0.00$0.00
Taxes / mo$430.92$430.92
Insurance / mo$166.67$166.67
MI / mo$272.27$111.60
HOA / mo$0.00$0.00
Total monthly$4,663.75$4,511.94
Cash to close$50,107$62,000