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$757,407$757,407$787,500
Remaining term (yrs)20.020.030.0
Secondary amount$0$30,093$0
Funding fee$0$0$0
Note rate4.96%4.96%7.24%
Blended rate5.81%5.932%7.48%
1st payment$4,969.73$4,969.73$5,366.80
2nd payment$0.00$225.70$0.00
Taxes / mo$590.17$590.17$590.17
Insurance / mo$216.67$216.67$216.67
MI / mo$658.75$658.75$157.50
HOA / mo$19.58$19.58$19.58
Total monthly$6,454.89$6,680.59$6,350.71
Cash to close$117,593$87,500$87,500