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$136,248$136,248$328,050
Remaining term (yrs)29.729.730.0
Secondary amount$0$191,802$0
Funding fee$0$0$0
Note rate6.370%6.370%7.320%
Blended rate6.920%7.551%7.560%
1st payment$851.15$851.15$2,253.48
2nd payment$0.00$1,278.68$0.00
Taxes / mo$356.08$356.08$356.08
Insurance / mo$150.00$150.00$150.00
MI / mo$62.56$62.56$65.61
HOA / mo$0.00$0.00$0.00
Total monthly$1,419.80$2,698.47$2,825.17
Cash to close$228,252$36,450$36,450