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$447,814$447,814$466,200
Remaining term (yrs)27.327.330.0
Secondary amount$0$44,286$0
Funding fee$0$0$0
Note rate5.25%5.25%7.24%
Blended rate5.8%6.347%7.48%
1st payment$2,570.51$2,570.51$3,177.14
2nd payment$0.00$438.25$0.00
Taxes / mo$434.00$434.00$434.00
Insurance / mo$166.67$166.67$166.67
MI / mo$213.35$213.35$93.24
HOA / mo$0.00$0.00$0.00
Total monthly$3,384.53$3,822.78$3,871.05
Cash to close$70,186$25,900$51,800