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$321,725$321,725$328,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$25,025$0
Funding fee$0$0$0
Note rate5.52%5.52%7.24%
Blended rate6.37%6.767%7.48%
1st payment$1,949.99$1,949.99$2,238.72
2nd payment$0.00$247.64$0.00
Taxes / mo$217.83$217.83$217.83
Insurance / mo$150.00$150.00$150.00
MI / mo$242.73$242.73$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,560.55$2,808.20$2,672.25
Cash to close$43,275$18,250$36,500