HQ Homes
Call Tony

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$57,251$57,251$157,500
Remaining term (yrs)0.30.330.0
Secondary amount$0$100,249$0
Funding fee$0$0$0
Note rate6.11%6.11%7.24%
Blended rate6.66%7.513%7.48%
1st payment$11,625.79$11,625.79$1,073.36
2nd payment$0.00$668.32$0.00
Taxes / mo$102.42$102.42$102.42
Insurance / mo$150.00$150.00$150.00
MI / mo$61.88$61.88$31.50
HOA / mo$594.00$594.00$594.00
Total monthly$12,534.09$13,202.41$1,951.28
Cash to close$117,749$17,500$17,500