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$191,459$191,459$314,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$123,451$0
Funding fee$0$0$0
Note rate3.72%3.72%7.24%
Blended rate4.57%5.915%7.48%
1st payment$1,019.38$1,019.38$2,146.11
2nd payment$0.00$823.01$0.00
Taxes / mo$170.75$170.75$170.75
Insurance / mo$150.00$150.00$150.00
MI / mo$156.49$156.49$62.98
HOA / mo$372.00$372.00$372.00
Total monthly$1,868.61$2,691.62$2,901.84
Cash to close$158,441$34,990$34,990