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$81,566$81,566$319,500
Remaining term (yrs)11.911.930.0
Secondary amount$0$237,934$0
Funding fee$0$0$0
Note rate6.630%6.630%7.400%
Blended rate7.480%7.681%7.640%
1st payment$822.81$822.81$2,212.15
2nd payment$0.00$1,536.66$0.00
Taxes / mo$145.17$145.17$145.17
Insurance / mo$150.00$150.00$150.00
MI / mo$90.97$90.97$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,208.95$2,745.61$2,571.22
Cash to close$273,434$35,500$35,500