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$617,067$571,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.3%7.24%
Blended rate6.15%7.48%
1st payment$3,653.15$3,894.76
2nd payment$0.00$0.00
Taxes / mo$363.92$363.92
Insurance / mo$166.67$166.67
MI / mo$465.99$114.30
HOA / mo$95.33$95.33
Total monthly$4,745.05$4,634.98
Cash to close$17,933$63,500