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$436,397$436,397$494,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$58,513$0
Funding fee$0$0$0
Note rate3.76%3.76%7.24%
Blended rate4.61%5.129%7.48%
1st payment$2,219.51$2,219.51$3,372.80
2nd payment$0.00$438.85$0.00
Taxes / mo$220.50$220.50$220.50
Insurance / mo$166.67$166.67$166.67
MI / mo$339.06$339.06$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,945.73$3,384.58$3,858.95
Cash to close$113,503$54,990$54,990