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$583,293$463,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.66%7.24%
Blended rate6.51%7.48%
1st payment$3,574.63$3,158.74
2nd payment$0.00$0.00
Taxes / mo$633.83$633.83
Insurance / mo$166.67$166.67
MI / mo$438.17$92.70
HOA / mo$120.33$120.33
Total monthly$4,933.63$4,172.27
Cash to close$0$51,500