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$466,346$448,200
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.13%7.24%
Blended rate6.68%7.48%
1st payment$2,973.53$3,054.47
2nd payment$0.00$0.00
Taxes / mo$501.50$501.50
Insurance / mo$166.67$166.67
MI / mo$224.18$89.64
HOA / mo$90.00$90.00
Total monthly$3,955.87$3,902.28
Cash to close$31,654$49,800