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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$755,125$755,125$765,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$52,375$0
Funding fee$0$0$0
Note rate6.87%6.87%7.24%
Blended rate7.42%7.709%7.48%
1st payment$5,077.45$5,077.45$5,213.46
2nd payment$0.00$518.30$0.00
Taxes / mo$728.50$728.50$728.50
Insurance / mo$216.67$216.67$216.67
MI / mo$354.43$354.43$153.00
HOA / mo$128.00$128.00$128.00
Total monthly$6,505.04$7,023.34$6,439.63
Cash to close$94,875$42,500$85,000