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$748,156$709,200
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.87%7.24%
Blended rate7.42%7.48%
1st payment$4,996.44$4,833.18
2nd payment$0.00$0.00
Taxes / mo$354.58$354.58
Insurance / mo$216.67$216.67
MI / mo$348.77$141.84
HOA / mo$6.25$6.25
Total monthly$5,922.71$5,552.52
Cash to close$39,844$78,800