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$326,398$324,000
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.84%7.24%
Blended rate3.69%7.48%
1st payment$1,520.79$2,208.05
2nd payment$0.00$0.00
Taxes / mo$375.33$375.33
Insurance / mo$150.00$150.00
MI / mo$260.81$64.80
HOA / mo$160.00$160.00
Total monthly$2,466.94$2,958.19
Cash to close$33,602$36,000