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$537,203$485,910
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.81%7.24%
Blended rate7.36%7.48%
1st payment$3,556.28$3,311.47
2nd payment$0.00$0.00
Taxes / mo$520.58$520.58
Insurance / mo$166.67$166.67
MI / mo$249.77$97.18
HOA / mo$18.33$18.33
Total monthly$4,511.62$4,114.23
Cash to close$2,697$53,990