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$13,027$13,027$269,991
Remaining term (yrs)24.424.430.0
Secondary amount$0$256,964$0
Funding fee$0$0$0
Note rate6.690%6.690%7.400%
Blended rate7.240%7.725%7.640%
1st payment$90.10$90.10$1,869.36
2nd payment$0.00$1,659.56$0.00
Taxes / mo$347.50$347.50$347.50
Insurance / mo$150.00$150.00$150.00
MI / mo$6.18$6.18$54.00
HOA / mo$138.33$138.33$138.33
Total monthly$732.12$2,391.68$2,559.19
Cash to close$286,963$29,999$29,999