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$17,292$17,292$539,100
Remaining term (yrs)2.12.130.0
Secondary amount$0$521,808$0
Funding fee$0$0$0
Note rate6.730%6.730%7.320%
Blended rate7.580%7.745%7.560%
1st payment$691.94$691.94$3,703.24
2nd payment$0.00$3,370.01$0.00
Taxes / mo$139.50$139.50$139.50
Insurance / mo$166.67$166.67$166.67
MI / mo$75.72$75.72$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,073.83$4,443.84$4,117.23
Cash to close$581,708$59,900$59,900