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$494,101$494,101$517,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$52,149$0
Funding fee$0$0$0
Note rate6.69%6.69%7.24%
Blended rate7.24%7.682%7.48%
1st payment$3,495.76$3,495.76$3,526.75
2nd payment$0.00$516.06$0.00
Taxes / mo$268.75$268.75$268.75
Insurance / mo$166.67$166.67$166.67
MI / mo$233.18$233.18$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,164.35$4,680.41$4,065.67
Cash to close$80,899$28,750$57,500