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$562,005$539,100
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.6%7.24%
Blended rate7.15%7.48%
1st payment$3,699.83$3,673.96
2nd payment$0.00$0.00
Taxes / mo$280.50$280.50
Insurance / mo$166.67$166.67
MI / mo$265.52$107.82
HOA / mo$0.00$0.00
Total monthly$4,412.52$4,228.94
Cash to close$36,995$59,900