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$485,820$471,510
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.86%7.24%
Blended rate7.41%7.48%
1st payment$3,270.03$3,213.33
2nd payment$0.00$0.00
Taxes / mo$354.75$354.75
Insurance / mo$166.67$166.67
MI / mo$228.50$94.30
HOA / mo$0.00$0.00
Total monthly$4,019.94$3,829.05
Cash to close$38,080$52,390