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$96,789$96,789$211,410
Remaining term (yrs)22.422.430.0
Secondary amount$0$114,621$0
Funding fee$0$0$0
Note rate4.300%4.300%7.400%
Blended rate5.150%6.695%7.640%
1st payment$558.79$558.79$1,463.76
2nd payment$0.00$764.14$0.00
Taxes / mo$16.17$16.17$16.17
Insurance / mo$150.00$150.00$150.00
MI / mo$79.98$79.98$42.28
HOA / mo$0.00$0.00$0.00
Total monthly$804.94$1,569.09$1,672.21
Cash to close$138,111$23,490$23,490