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	$154,246	$154,246	$355,500
Remaining term (yrs)	20.7	20.7	30.0
Secondary amount	$0	$201,254	$0
Funding fee	$0	$0	$0
Note rate	3.95%	3.95%	7.24%
Blended rate	4.8%	6.47%	7.48%
1st payment	$908.59	$908.59	$2,422.73
2nd payment	$0.00	$1,299.76	$0.00
Taxes / mo	$106.58	$106.58	$106.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$135.62	$135.62	$71.10
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,300.79	$2,600.56	$2,750.41
Cash to close	$240,754	$39,500	$39,500