Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$152,191$152,191$265,500
Remaining term (yrs)0.50.530.0
Secondary amount$0$113,309$0
Funding fee$0$0$0
Note rate6.380%6.380%7.400%
Blended rate6.930%7.387%7.640%
1st payment$19,481.88$19,481.88$1,838.27
2nd payment$0.00$755.39$0.00
Taxes / mo$252.08$252.08$252.08
Insurance / mo$150.00$150.00$150.00
MI / mo$103.54$103.54$53.10
HOA / mo$0.00$0.00$0.00
Total monthly$19,987.51$20,742.90$2,293.45
Cash to close$142,809$29,500$29,500