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$487,590$378,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.63%7.24%
Blended rate7.18%7.48%
1st payment$3,176.54$2,576.06
2nd payment$0.00$0.00
Taxes / mo$83.83$83.83
Insurance / mo$150.00$150.00
MI / mo$227.26$75.60
HOA / mo$0.00$0.00
Total monthly$3,637.63$2,885.50
Cash to close$0$42,000