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$597,469$436,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.88%7.24%
Blended rate7.43%7.48%
1st payment$4,033.42$2,974.74
2nd payment$0.00$0.00
Taxes / mo$580.92$580.92
Insurance / mo$166.67$166.67
MI / mo$281.26$87.30
HOA / mo$60.00$60.00
Total monthly$5,122.27$3,869.62
Cash to close$0$48,500