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$541,389$541,389$575,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$34,521$0
Funding fee$0$0$0
Note rate6.54%6.54%7.24%
Blended rate7.09%7.204%7.48%
1st payment$3,583.43$3,583.43$3,924.82
2nd payment$0.00$258.91$0.00
Taxes / mo$260.33$260.33$260.33
Insurance / mo$166.67$166.67$166.67
MI / mo$258.77$258.77$115.18
HOA / mo$18.75$18.75$18.75
Total monthly$4,287.94$4,546.85$4,485.75
Cash to close$98,511$63,990$63,990