Dan Frey Home Loans
Call Dan

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$94,767$94,767$279,900
Remaining term (yrs)21.521.530.0
Secondary amount$0$185,133$0
Funding fee$0$0$0
Note rate4.440%4.440%7.400%
Blended rate5.290%7.082%7.640%
1st payment$568.12$568.12$1,937.97
2nd payment$0.00$1,234.22$0.00
Taxes / mo$81.42$81.42$81.42
Insurance / mo$150.00$150.00$150.00
MI / mo$79.98$79.98$55.98
HOA / mo$0.00$0.00$0.00
Total monthly$879.51$2,113.74$2,225.37
Cash to close$216,233$31,100$31,100