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$269,830$269,830$359,991
Remaining term (yrs)26.026.030.0
Secondary amount$0$90,161$0
Funding fee$0$0$0
Note rate6.290%6.290%7.400%
Blended rate7.140%7.606%7.640%
1st payment$1,754.08$1,754.08$2,492.50
2nd payment$0.00$676.21$0.00
Taxes / mo$467.08$467.08$467.08
Insurance / mo$150.00$150.00$150.00
MI / mo$200.94$200.94$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,572.10$3,248.31$3,181.59
Cash to close$130,160$39,999$39,999