Tony English | HQ Homes

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Payment stack including taxes, insurance, and HOA

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$127,677	$143,100
Remaining term (yrs)	26.4	30.0
Secondary amount	$0	$0
Funding fee	$0	$0
Note rate	6.32%	7.24%
Blended rate	6.87%	7.48%
1st payment	$828.29	$975.22
2nd payment	$0.00	$0.00
Taxes / mo	$90.33	$90.33
Insurance / mo	$150.00	$150.00
MI / mo	$61.20	$28.62
HOA / mo	$0.00	$0.00
Total monthly	$1,129.83	$1,244.18
Cash to close	$31,323	$15,900