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$385,394$234,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.46%7.24%
Blended rate7.01%7.48%
1st payment$2,488.92$1,594.71
2nd payment$0.00$0.00
Taxes / mo$221.42$221.42
Insurance / mo$150.00$150.00
MI / mo$181.23$46.80
HOA / mo$0.00$0.00
Total monthly$3,041.57$2,012.92
Cash to close$0$26,000