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$90,032$90,032$378,000
Remaining term (yrs)19.719.730.0
Secondary amount$0$287,968$0
Funding fee$0$0$0
Note rate3.480%3.480%7.400%
Blended rate4.330%6.935%7.640%
1st payment$524.26$524.26$2,617.20
2nd payment$0.00$1,859.80$0.00
Taxes / mo$94.92$94.92$94.92
Insurance / mo$150.00$150.00$150.00
MI / mo$82.90$82.90$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$852.08$2,711.87$2,937.71
Cash to close$329,968$42,000$42,000