HQ Homes
Call Tony

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$434,731$405,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.24%
Blended rate7.05%7.48%
1st payment$2,784.30$2,760.07
2nd payment$0.00$0.00
Taxes / mo$180.00$180.00
Insurance / mo$150.00$150.00
MI / mo$201.90$81.00
HOA / mo$0.00$0.00
Total monthly$3,316.20$3,171.07
Cash to close$15,269$45,000