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$822,073$585,000
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.88%7.24%
Blended rate3.73%7.48%
1st payment$3,829.85$3,986.76
2nd payment$0.00$0.00
Taxes / mo$268.58$268.58
Insurance / mo$166.67$166.67
MI / mo$653.44$117.00
HOA / mo$0.00$0.00
Total monthly$4,918.54$4,539.01
Cash to close$0$65,000