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$621,054$589,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.39%7.24%
Blended rate6.94%7.48%
1st payment$4,046.77$4,017.43
2nd payment$0.00$0.00
Taxes / mo$329.67$329.67
Insurance / mo$166.67$166.67
MI / mo$296.83$117.90
HOA / mo$85.00$85.00
Total monthly$4,924.94$4,716.66
Cash to close$33,946$65,500