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$410,578$342,000
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.95%7.24%
Blended rate7.5%7.48%
1st payment$2,801.89$2,330.72
2nd payment$0.00$0.00
Taxes / mo$465.08$465.08
Insurance / mo$150.00$150.00
MI / mo$194.00$68.40
HOA / mo$90.00$90.00
Total monthly$3,700.98$3,104.21
Cash to close$0$38,000