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$116,378$116,378$223,200
Remaining term (yrs)17.817.830.0
Secondary amount$0$106,822$0
Funding fee$0$0$0
Note rate4.14%4.14%7.24%
Blended rate4.99%6.431%7.48%
1st payment$767.53$767.53$1,521.10
2nd payment$0.00$712.15$0.00
Taxes / mo$150.00$150.00$150.00
Insurance / mo$150.00$150.00$150.00
MI / mo$111.98$111.98$44.64
HOA / mo$475.00$475.00$475.00
Total monthly$1,654.50$2,366.65$2,340.74
Cash to close$131,622$24,800$24,800