Tony English | HQ Homes

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	$153,568	$153,568	$562,500
Remaining term (yrs)	14.7	14.7	30.0
Secondary amount	$0	$408,932	$0
Funding fee	$0	$0	$0
Note rate	4.64%	4.64%	7.24%
Blended rate	5.49%	7.133%	7.48%
1st payment	$1,199.73	$1,199.73	$3,833.43
2nd payment	$0.00	$2,641.02	$0.00
Taxes / mo	$326.00	$326.00	$326.00
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$165.00	$165.00	$112.50
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,857.40	$4,498.42	$4,438.59
Cash to close	$471,432	$62,500	$62,500