HQ Homes
Call Tony

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$180,754$180,754$382,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$201,746$0
Funding fee$0$0$0
Note rate3.29%3.29%7.24%
Blended rate4.14%6.044%7.48%
1st payment$923.38$923.38$2,606.73
2nd payment$0.00$1,302.94$0.00
Taxes / mo$208.17$208.17$208.17
Insurance / mo$150.00$150.00$150.00
MI / mo$149.53$149.53$76.50
HOA / mo$66.58$66.58$66.58
Total monthly$1,497.66$2,800.60$3,107.98
Cash to close$244,246$42,500$42,500