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$402,277$402,277$414,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$34,723$0
Funding fee$0$0$0
Note rate7.02%7.02%7.24%
Blended rate7.57%7.912%7.48%
1st payment$2,747.16$2,747.16$2,821.40
2nd payment$0.00$343.61$0.00
Taxes / mo$331.33$331.33$331.33
Insurance / mo$166.67$166.67$166.67
MI / mo$188.87$188.87$82.80
HOA / mo$35.42$35.42$35.42
Total monthly$3,469.46$3,813.07$3,437.62
Cash to close$57,723$23,000$46,000