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$312,782$314,999
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.81%7.24%
Blended rate7.36%7.48%
1st payment$2,068.67$2,146.71
2nd payment$0.00$0.00
Taxes / mo$128.50$128.50
Insurance / mo$150.00$150.00
MI / mo$145.29$63.00
HOA / mo$0.00$0.00
Total monthly$2,492.46$2,488.21
Cash to close$37,217$35,000