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$260,353$260,353$314,910
Remaining term (yrs)18.418.430.0
Secondary amount$0$54,557$0
Funding fee$0$0$0
Note rate6.930%6.930%7.320%
Blended rate7.480%7.743%7.560%
1st payment$2,083.89$2,083.89$2,163.21
2nd payment$0.00$409.17$0.00
Taxes / mo$233.08$233.08$233.08
Insurance / mo$150.00$150.00$150.00
MI / mo$123.86$123.86$62.98
HOA / mo$37.50$37.50$37.50
Total monthly$2,628.34$3,037.51$2,646.78
Cash to close$89,547$34,990$34,990