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$156,704$156,704$224,100
Remaining term (yrs)19.119.130.0
Secondary amount$0$67,396$0
Funding fee$0$0$0
Note rate3.8%3.8%7.24%
Blended rate4.65%5.958%7.48%
1st payment$960.32$960.32$1,527.24
2nd payment$0.00$505.47$0.00
Taxes / mo$133.17$133.17$133.17
Insurance / mo$150.00$150.00$150.00
MI / mo$145.99$145.99$44.82
HOA / mo$525.00$525.00$525.00
Total monthly$1,914.48$2,419.95$2,380.22
Cash to close$92,296$24,900$24,900