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
Current Market Conventional
New · Conventional
Loan amount$423,582$382,410
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.87%7.24%
Blended rate3.72%7.48%
1st payment$1,984.68$2,606.12
2nd payment$0.00$0.00
Taxes / mo$217.02$217.02
Insurance / mo$150.00$150.00
MI / mo$339.06$76.48
HOA / mo$0.00$0.00
Total monthly$2,690.75$3,049.61
Cash to close$1,318$42,490