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$112,766$112,766$143,100
Remaining term (yrs)22.622.630.0
Secondary amount$0$30,334$0
Funding fee$0$0$0
Note rate4.14%4.14%7.24%
Blended rate4.99%5.84%7.48%
1st payment$639.75$639.75$975.22
2nd payment$0.00$227.51$0.00
Taxes / mo$54.00$54.00$54.00
Insurance / mo$150.00$150.00$150.00
MI / mo$93.33$93.33$28.62
HOA / mo$518.00$518.00$518.00
Total monthly$1,455.09$1,682.59$1,725.84
Cash to close$46,234$15,900$15,900