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$405,623$382,500
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.86%7.24%
Blended rate3.71%7.48%
1st payment$1,889.79$2,606.73
2nd payment$0.00$0.00
Taxes / mo$483.42$483.42
Insurance / mo$150.00$150.00
MI / mo$323.26$76.50
HOA / mo$28.00$28.00
Total monthly$2,874.47$3,344.65
Cash to close$19,377$42,500