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$519,500$436,500
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.7%7.24%
Blended rate7.55%7.48%
1st payment$3,515.99$2,974.74
2nd payment$0.00$0.00
Taxes / mo$537.42$537.42
Insurance / mo$166.67$166.67
MI / mo$385.96$87.30
HOA / mo$140.00$140.00
Total monthly$4,746.03$3,906.12
Cash to close$0$48,500