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$352,701$216,000
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.16%7.24%
Blended rate5.01%7.48%
1st payment$1,868.47$1,472.04
2nd payment$0.00$0.00
Taxes / mo$176.58$176.58
Insurance / mo$150.00$150.00
MI / mo$271.94$43.20
HOA / mo$0.00$0.00
Total monthly$2,467.00$1,841.82
Cash to close$0$24,000