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$336,310$336,310$435,600
Remaining term (yrs)22.622.630.0
Secondary amount$0$99,290$0
Funding fee$0$0$0
Note rate4.07%4.07%7.24%
Blended rate4.92%5.85%7.48%
1st payment$1,890.96$1,890.96$2,968.61
2nd payment$0.00$744.67$0.00
Taxes / mo$618.33$618.33$618.33
Insurance / mo$166.67$166.67$166.67
MI / mo$278.20$278.20$87.12
HOA / mo$0.00$0.00$0.00
Total monthly$2,954.16$3,698.83$3,840.73
Cash to close$147,690$48,400$48,400