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$865,287$247,500
Remaining term (yrs)24.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.77%7.24%
Blended rate3.62%7.48%
1st payment$4,076.64$1,686.71
2nd payment$0.00$0.00
Taxes / mo$132.00$132.00
Insurance / mo$150.00$150.00
MI / mo$705.50$49.50
HOA / mo$745.00$745.00
Total monthly$5,809.14$2,763.21
Cash to close$0$27,500