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$571,722$571,722$576,000
Remaining term (yrs)27.327.330.0
Secondary amount$0$36,278$0
Funding fee$0$0$0
Note rate6.66%6.66%7.24%
Blended rate7.21%7.488%7.48%
1st payment$3,785.92$3,785.92$3,925.43
2nd payment$0.00$359.00$0.00
Taxes / mo$197.58$197.58$197.58
Insurance / mo$166.67$166.67$166.67
MI / mo$270.02$270.02$115.20
HOA / mo$0.00$0.00$0.00
Total monthly$4,420.19$4,779.19$4,404.88
Cash to close$68,278$32,000$64,000