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$523,758$418,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.2%7.24%
Blended rate7.75%7.48%
1st payment$3,667.37$2,852.07
2nd payment$0.00$0.00
Taxes / mo$426.42$426.42
Insurance / mo$166.67$166.67
MI / mo$247.63$83.70
HOA / mo$125.00$125.00
Total monthly$4,633.08$3,653.85
Cash to close$0$46,500