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
Current Market Conventional
New · Conventional
Loan amount$181,896$189,000
Remaining term (yrs)22.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.41%7.24%
Blended rate5.26%7.48%
1st payment$1,065.76$1,288.03
2nd payment$0.00$0.00
Taxes / mo$165.25$165.25
Insurance / mo$150.00$150.00
MI / mo$150.58$37.80
HOA / mo$285.00$285.00
Total monthly$1,816.59$1,926.08
Cash to close$28,104$21,000