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$4,076$4,076$224,910
Remaining term (yrs)0.50.530.0
Secondary amount$0$220,834$0
Funding fee$0$0$0
Note rate7.84%7.84%7.24%
Blended rate8.69%7.767%7.48%
1st payment$597.62$597.62$1,532.76
2nd payment$0.00$1,426.22$0.00
Taxes / mo$150.33$150.33$150.33
Insurance / mo$150.00$150.00$150.00
MI / mo$58.58$58.58$44.98
HOA / mo$436.00$436.00$436.00
Total monthly$1,392.54$2,818.76$2,314.07
Cash to close$245,824$24,990$24,990