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$522,450$411,750
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.24%
Blended rate7.05%7.48%
1st payment$3,413.41$2,806.07
2nd payment$0.00$0.00
Taxes / mo$214.25$214.25
Insurance / mo$166.67$166.67
MI / mo$247.52$82.35
HOA / mo$28.00$28.00
Total monthly$4,069.84$3,297.34
Cash to close$0$45,750