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$11,036$11,036$179,550
Remaining term (yrs)1.61.630.0
Secondary amount$0$168,514$0
Funding fee$0$0$0
Note rate7.140%7.140%7.320%
Blended rate7.990%7.999%7.560%
1st payment$560.61$560.61$1,233.38
2nd payment$0.00$1,123.42$0.00
Taxes / mo$137.08$137.08$137.08
Insurance / mo$150.00$150.00$150.00
MI / mo$58.85$58.85$35.91
HOA / mo$185.00$185.00$185.00
Total monthly$1,091.55$2,214.98$1,741.38
Cash to close$188,464$19,950$19,950