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$444,910$444,910$449,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$29,995$0
Funding fee$0$0$0
Note rate6.86%6.86%7.24%
Blended rate7.41%7.692%7.48%
1st payment$2,988.66$2,988.66$3,066.13
2nd payment$0.00$296.83$0.00
Taxes / mo$275.42$275.42$275.42
Insurance / mo$166.67$166.67$166.67
MI / mo$208.83$208.83$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,639.58$3,936.40$3,598.19
Cash to close$54,990$24,995$49,990