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$607,080$594,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.34%7.24%
Blended rate6.89%7.48%
1st payment$3,936.53$4,048.10
2nd payment$0.00$0.00
Taxes / mo$678.67$678.67
Insurance / mo$166.67$166.67
MI / mo$290.27$118.80
HOA / mo$0.00$0.00
Total monthly$5,072.12$5,012.23
Cash to close$52,920$66,000