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$25,427$25,427$190,800
Remaining term (yrs)25.225.230.0
Secondary amount$0$165,373$0
Funding fee$0$0$0
Note rate6.720%6.720%7.320%
Blended rate7.270%7.903%7.560%
1st payment$174.31$174.31$1,310.66
2nd payment$0.00$1,102.49$0.00
Taxes / mo$544.96$544.96$544.96
Insurance / mo$150.00$150.00$150.00
MI / mo$11.93$11.93$38.16
HOA / mo$0.00$0.00$0.00
Total monthly$881.20$1,983.68$2,043.78
Cash to close$186,573$21,200$21,200