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$135,379$135,379$494,910
Remaining term (yrs)12.012.030.0
Secondary amount$0$359,531$0
Funding fee$0$0$0
Note rate5.930%5.930%7.320%
Blended rate6.780%7.485%7.560%
1st payment$1,303.82$1,303.82$3,399.69
2nd payment$0.00$2,321.97$0.00
Taxes / mo$216.17$216.17$216.17
Insurance / mo$166.67$166.67$166.67
MI / mo$155.20$155.20$98.98
HOA / mo$15.00$15.00$15.00
Total monthly$1,856.85$4,178.83$3,896.50
Cash to close$414,521$54,990$54,990