HQ Homes
Call Tony

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$506,714$506,714$530,910
Remaining term (yrs)27.127.130.0
Secondary amount$0$53,691$0
Funding fee$0$0$0
Note rate7.63%7.63%7.24%
Blended rate8.18%8.534%7.48%
1st payment$3,689.11$3,689.11$3,618.14
2nd payment$0.00$531.32$0.00
Taxes / mo$455.67$455.67$455.67
Insurance / mo$166.67$166.67$166.67
MI / mo$238.77$238.77$106.18
HOA / mo$18.00$18.00$18.00
Total monthly$4,568.22$5,099.54$4,364.66
Cash to close$83,186$29,495$58,990