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$593,088$567,000
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.63%7.24%
Blended rate7.18%7.48%
1st payment$3,845.12$3,864.09
2nd payment$0.00$0.00
Taxes / mo$436.33$436.33
Insurance / mo$166.67$166.67
MI / mo$275.09$113.40
HOA / mo$93.00$93.00
Total monthly$4,816.21$4,673.49
Cash to close$36,912$63,000