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$503,692$450,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.87%7.24%
Blended rate7.42%7.48%
1st payment$3,360.64$3,066.74
2nd payment$0.00$0.00
Taxes / mo$519.08$519.08
Insurance / mo$166.67$166.67
MI / mo$234.59$90.00
HOA / mo$305.00$305.00
Total monthly$4,585.97$4,147.49
Cash to close$0$50,000