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$530,959$530,959$562,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$31,541$0
Funding fee$0$0$0
Note rate6.43%6.43%7.24%
Blended rate6.98%7.093%7.48%
1st payment$3,473.18$3,473.18$3,833.43
2nd payment$0.00$236.56$0.00
Taxes / mo$411.83$411.83$411.83
Insurance / mo$166.67$166.67$166.67
MI / mo$253.70$253.70$112.50
HOA / mo$8.00$8.00$8.00
Total monthly$4,313.38$4,549.93$4,532.43
Cash to close$94,041$62,500$62,500