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	$210,157	$210,157	$283,500
Remaining term (yrs)	22.3	22.3	30.0
Secondary amount	$0	$73,343	$0
Funding fee	$0	$0	$0
Note rate	4.45%	4.45%	7.24%
Blended rate	5.3%	6.257%	7.48%
1st payment	$1,235.99	$1,235.99	$1,932.05
2nd payment	$0.00	$550.07	$0.00
Taxes / mo	$205.58	$205.58	$205.58
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$173.81	$173.81	$56.70
HOA / mo	$0.00	$0.00	$0.00
Total monthly	$1,765.38	$2,315.45	$2,344.33
Cash to close	$104,843	$31,500	$31,500