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$113,156$113,156$395,100
Remaining term (yrs)19.019.030.0
Secondary amount$0$281,944$0
Funding fee$0$0$0
Note rate4.080%4.080%7.320%
Blended rate4.930%6.942%7.560%
1st payment$709.96$709.96$2,714.06
2nd payment$0.00$1,820.89$0.00
Taxes / mo$365.83$365.83$365.83
Insurance / mo$150.00$150.00$150.00
MI / mo$104.33$104.33$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,330.12$3,151.01$3,308.92
Cash to close$325,844$43,900$43,900