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$515,781$481,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.64%7.24%
Blended rate7.19%7.48%
1st payment$3,408.83$3,281.41
2nd payment$0.00$0.00
Taxes / mo$503.08$503.08
Insurance / mo$166.67$166.67
MI / mo$243.63$96.30
HOA / mo$74.67$74.67
Total monthly$4,396.87$4,122.13
Cash to close$19,219$53,500