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$683,918$558,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.17%7.24%
Blended rate7.72%7.48%
1st payment$4,742.67$3,802.76
2nd payment$0.00$0.00
Taxes / mo$779.50$779.50
Insurance / mo$166.67$166.67
MI / mo$321.20$111.60
HOA / mo$100.00$100.00
Total monthly$6,110.03$4,960.53
Cash to close$0$62,000