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$486,306$405,000
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.25%7.24%
Blended rate5.8%7.48%
1st payment$2,717.19$2,760.07
2nd payment$0.00$0.00
Taxes / mo$277.58$277.58
Insurance / mo$150.00$150.00
MI / mo$225.53$81.00
HOA / mo$0.00$0.00
Total monthly$3,370.30$3,268.65
Cash to close$0$45,000