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$116,423$116,423$260,991
Remaining term (yrs)22.622.630.0
Secondary amount$0$144,568$0
Funding fee$0$0$0
Note rate4.270%4.270%7.320%
Blended rate5.120%6.715%7.560%
1st payment$667.31$667.31$1,792.83
2nd payment$0.00$963.79$0.00
Taxes / mo$219.51$219.51$219.51
Insurance / mo$150.00$150.00$150.00
MI / mo$95.86$95.86$52.20
HOA / mo$85.00$85.00$85.00
Total monthly$1,217.68$2,181.47$2,299.53
Cash to close$173,567$28,999$28,999