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$90,646$90,646$202,410
Remaining term (yrs)21.521.530.0
Secondary amount$0$111,764$0
Funding fee$0$0$0
Note rate4.440%4.440%7.320%
Blended rate5.290%6.786%7.560%
1st payment$543.41$543.41$1,390.42
2nd payment$0.00$745.09$0.00
Taxes / mo$159.50$159.50$159.50
Insurance / mo$150.00$150.00$150.00
MI / mo$76.50$76.50$40.48
HOA / mo$0.00$0.00$0.00
Total monthly$929.42$1,674.51$1,740.40
Cash to close$134,254$22,490$22,490