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$623,258$566,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.65%7.24%
Blended rate7.2%7.48%
1st payment$4,064.53$3,863.48
2nd payment$0.00$0.00
Taxes / mo$243.75$243.75
Insurance / mo$166.67$166.67
MI / mo$290.19$113.38
HOA / mo$0.00$0.00
Total monthly$4,765.14$4,387.28
Cash to close$6,642$62,990