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
Current Market Conventional
New · Conventional
Loan amount$610,195$594,000
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.98%7.24%
Blended rate6.53%7.48%
1st payment$3,676.69$4,048.10
2nd payment$0.00$0.00
Taxes / mo$287.33$287.33
Insurance / mo$166.67$166.67
MI / mo$281.67$118.80
HOA / mo$85.00$85.00
Total monthly$4,497.37$4,705.90
Cash to close$49,805$66,000