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$607,030$584,550
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.35%7.24%
Blended rate6.9%7.48%
1st payment$3,940.04$3,983.70
2nd payment$0.00$0.00
Taxes / mo$693.92$693.92
Insurance / mo$166.67$166.67
MI / mo$290.22$116.91
HOA / mo$0.00$0.00
Total monthly$5,090.84$4,961.19
Cash to close$42,470$64,950