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$90,917$90,917$294,300
Remaining term (yrs)13.213.230.0
Secondary amount$0$203,383$0
Funding fee$0$0$0
Note rate4.750%4.750%7.400%
Blended rate5.600%7.086%7.640%
1st payment$768.13$768.13$2,037.67
2nd payment$0.00$1,313.52$0.00
Taxes / mo$404.92$404.92$404.92
Insurance / mo$150.00$150.00$150.00
MI / mo$104.30$104.30$58.86
HOA / mo$0.00$0.00$0.00
Total monthly$1,427.34$2,740.86$2,651.45
Cash to close$236,083$32,700$32,700