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$290,794$290,794$463,410
Remaining term (yrs)22.622.630.0
Secondary amount$0$172,616$0
Funding fee$0$0$0
Note rate4.1%4.1%7.24%
Blended rate4.95%6.086%7.48%
1st payment$1,639.78$1,639.78$3,158.13
2nd payment$0.00$1,150.77$0.00
Taxes / mo$337.58$337.58$337.58
Insurance / mo$166.67$166.67$166.67
MI / mo$240.38$240.38$92.68
HOA / mo$0.00$0.00$0.00
Total monthly$2,384.41$3,535.18$3,755.06
Cash to close$224,106$51,490$51,490