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$609,322$575,100
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.6%7.24%
Blended rate7.15%7.48%
1st payment$3,965.61$3,919.30
2nd payment$0.00$0.00
Taxes / mo$328.92$328.92
Insurance / mo$166.67$166.67
MI / mo$284.59$115.02
HOA / mo$0.00$0.00
Total monthly$4,745.78$4,529.90
Cash to close$29,678$63,900