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$128,527$128,527$305,991
Remaining term (yrs)20.820.830.0
Secondary amount$0$177,464$0
Funding fee$0$0$0
Note rate3.82%3.82%7.24%
Blended rate4.67%6.601%7.48%
1st payment$744.36$744.36$2,085.32
2nd payment$0.00$1,183.09$0.00
Taxes / mo$203.75$203.75$203.75
Insurance / mo$150.00$150.00$150.00
MI / mo$112.88$112.88$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,210.99$2,394.08$2,500.27
Cash to close$211,463$33,999$33,999