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$563,131$557,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.89%7.24%
Blended rate7.44%7.48%
1st payment$3,764.64$3,796.63
2nd payment$0.00$0.00
Taxes / mo$445.92$445.92
Insurance / mo$166.67$166.67
MI / mo$262.26$111.42
HOA / mo$54.00$54.00
Total monthly$4,693.48$4,574.63
Cash to close$55,869$61,900