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$17,753$17,753$701,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$683,347$0
Funding fee$0$0$0
Note rate6.080%6.080%7.400%
Blended rate6.630%7.722%7.640%
1st payment$119.00$119.00$4,854.27
2nd payment$0.00$4,413.29$0.00
Taxes / mo$649.17$649.17$649.17
Insurance / mo$216.67$216.67$216.67
MI / mo$8.40$8.40$140.22
HOA / mo$0.00$0.00$0.00
Total monthly$993.23$5,406.52$5,860.33
Cash to close$761,247$77,900$77,900