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
Current Market Conventional
New · Conventional
Loan amount$367,021$332,910
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.76%7.24%
Blended rate4.61%7.48%
1st payment$1,866.66$2,268.78
2nd payment$0.00$0.00
Taxes / mo$224.92$224.92
Insurance / mo$150.00$150.00
MI / mo$285.16$66.58
HOA / mo$288.00$288.00
Total monthly$2,814.74$2,998.27
Cash to close$2,879$36,990