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$412,858$412,858$422,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$33,547$0
Funding fee$0$0$0
Note rate3.69%3.69%7.24%
Blended rate4.54%5.091%7.48%
1st payment$2,088.13$2,088.13$2,882.12
2nd payment$0.00$331.98$0.00
Taxes / mo$327.33$327.33$327.33
Insurance / mo$166.67$166.67$166.67
MI / mo$321.74$321.74$84.58
HOA / mo$29.17$29.17$29.17
Total monthly$2,933.04$3,265.02$3,489.88
Cash to close$57,042$23,495$46,990