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$438,329$438,329$485,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$47,581$0
Funding fee$0$0$0
Note rate4.17%4.17%7.24%
Blended rate5.02%5.41%7.48%
1st payment$2,320.32$2,320.32$3,311.47
2nd payment$0.00$356.86$0.00
Taxes / mo$275.42$275.42$275.42
Insurance / mo$166.67$166.67$166.67
MI / mo$337.30$337.30$97.18
HOA / mo$60.00$60.00$60.00
Total monthly$3,159.71$3,516.57$3,910.73
Cash to close$101,571$53,990$53,990