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$385,468$310,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.39%7.24%
Blended rate6.94%7.48%
1st payment$2,517.71$2,116.05
2nd payment$0.00$0.00
Taxes / mo$290.67$290.67
Insurance / mo$150.00$150.00
MI / mo$184.68$62.10
HOA / mo$428.00$428.00
Total monthly$3,571.06$3,046.82
Cash to close$0$34,500