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$508,126$508,126$526,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$47,624$0
Funding fee$0$0$0
Note rate7.09%7.09%7.24%
Blended rate7.64%8.003%7.48%
1st payment$3,524.83$3,524.83$3,588.09
2nd payment$0.00$471.28$0.00
Taxes / mo$344.08$344.08$344.08
Insurance / mo$166.67$166.67$166.67
MI / mo$240.64$240.64$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,276.22$4,747.50$4,204.14
Cash to close$76,874$29,250$58,500