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$434,543$434,543$436,500
Remaining term (yrs)28.628.630.0
Secondary amount$0$26,207$0
Funding fee$0$0$0
Note rate6.76%6.76%7.24%
Blended rate7.31%7.57%7.48%
1st payment$2,862.39$2,862.39$2,974.74
2nd payment$0.00$259.34$0.00
Taxes / mo$241.92$241.92$241.92
Insurance / mo$166.67$166.67$166.67
MI / mo$202.06$202.06$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,473.03$3,732.38$3,470.62
Cash to close$50,457$24,250$48,500