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$373,521$373,521$539,910
Remaining term (yrs)22.722.730.0
Secondary amount$0$166,389$0
Funding fee$0$0$0
Note rate4%4%7.24%
Blended rate4.85%5.821%7.48%
1st payment$2,086.01$2,086.01$3,679.48
2nd payment$0.00$1,109.26$0.00
Taxes / mo$727.75$727.75$727.75
Insurance / mo$166.67$166.67$166.67
MI / mo$309.50$309.50$107.98
HOA / mo$40.33$40.33$40.33
Total monthly$3,330.26$4,439.52$4,722.21
Cash to close$226,379$59,990$59,990