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$462,931$404,100
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.66%7.24%
Blended rate6.51%7.48%
1st payment$2,837.00$2,753.93
2nd payment$0.00$0.00
Taxes / mo$495.25$495.25
Insurance / mo$150.00$150.00
MI / mo$347.75$80.82
HOA / mo$114.00$114.00
Total monthly$3,944.00$3,594.00
Cash to close$0$44,900