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$502,244$502,244$967,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$465,256$0
Funding fee$0$0$0
Note rate3.6%3.6%7.24%
Blended rate4.45%6.037%7.48%
1st payment$2,659.96$2,659.96$6,593.49
2nd payment$0.00$3,004.78$0.00
Taxes / mo$522.67$522.67$522.67
Insurance / mo$216.67$216.67$216.67
MI / mo$414.42$414.42$193.50
HOA / mo$8.33$8.33$8.33
Total monthly$3,822.04$6,826.82$7,534.66
Cash to close$572,756$107,500$107,500