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$126,261$126,261$472,500
Remaining term (yrs)12.212.230.0
Secondary amount$0$346,239$0
Funding fee$0$0$0
Note rate2.67%2.67%7.24%
Blended rate3.52%6.62%7.48%
1st payment$1,002.21$1,002.21$3,220.08
2nd payment$0.00$2,236.13$0.00
Taxes / mo$281.08$281.08$281.08
Insurance / mo$166.67$166.67$166.67
MI / mo$121.64$121.64$94.50
HOA / mo$82.00$82.00$82.00
Total monthly$1,653.61$3,889.74$3,844.33
Cash to close$398,739$52,500$52,500