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$431,371$432,000
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.48%7.24%
Blended rate7.33%7.48%
1st payment$2,848.91$2,944.07
2nd payment$0.00$0.00
Taxes / mo$250.58$250.58
Insurance / mo$166.67$166.67
MI / mo$207.01$86.40
HOA / mo$22.92$22.92
Total monthly$3,496.10$3,470.64
Cash to close$48,629$48,000