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$92,321$92,321$332,100
Remaining term (yrs)18.718.730.0
Secondary amount$0$239,779$0
Funding fee$0$0$0
Note rate4.040%4.040%7.400%
Blended rate4.890%6.955%7.640%
1st payment$584.08$584.08$2,299.39
2nd payment$0.00$1,548.57$0.00
Taxes / mo$188.29$188.29$188.29
Insurance / mo$150.00$150.00$150.00
MI / mo$86.24$86.24$66.42
HOA / mo$8.75$8.75$8.75
Total monthly$1,017.37$2,565.94$2,712.86
Cash to close$276,679$36,900$36,900