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$368,047$368,047$375,750
Remaining term (yrs)27.527.530.0
Secondary amount$0$28,578$0
Funding fee$0$0$0
Note rate6.88%6.88%7.24%
Blended rate7.43%7.75%7.48%
1st payment$2,484.62$2,484.62$2,560.73
2nd payment$0.00$282.80$0.00
Taxes / mo$116.17$116.17$116.17
Insurance / mo$150.00$150.00$150.00
MI / mo$173.26$173.26$75.15
HOA / mo$0.00$0.00$0.00
Total monthly$2,924.05$3,206.86$2,902.05
Cash to close$49,453$20,875$41,750