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$1,689$1,689$143,100
Remaining term (yrs)0.10.130.0
Secondary amount$0$141,411$0
Funding fee$0$0$0
Note rate5.640%5.640%7.320%
Blended rate6.490%7.982%7.560%
1st payment$568.40$568.40$983.00
2nd payment$0.00$942.74$0.00
Taxes / mo$132.50$132.50$132.50
Insurance / mo$150.00$150.00$150.00
MI / mo$69.83$69.83$28.62
HOA / mo$0.00$0.00$0.00
Total monthly$920.73$1,863.47$1,294.12
Cash to close$157,311$15,900$15,900