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$48,364$48,364$224,820
Remaining term (yrs)17.517.530.0
Secondary amount$0$176,456$0
Funding fee$0$0$0
Note rate4.340%4.340%7.400%
Blended rate5.190%7.396%7.640%
1st payment$327.05$327.05$1,556.61
2nd payment$0.00$1,176.38$0.00
Taxes / mo$80.92$80.92$80.92
Insurance / mo$150.00$150.00$150.00
MI / mo$46.59$46.59$44.96
HOA / mo$0.00$0.00$0.00
Total monthly$604.56$1,780.93$1,832.49
Cash to close$201,436$24,980$24,980