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$476,486$431,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.24%
Blended rate7.05%7.48%
1st payment$3,145.42$2,937.94
2nd payment$0.00$0.00
Taxes / mo$502.67$502.67
Insurance / mo$166.67$166.67
MI / mo$228.08$86.22
HOA / mo$0.00$0.00
Total monthly$4,042.83$3,693.49
Cash to close$2,514$47,900