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$186,884$186,884$269,999
Remaining term (yrs)23.123.130.0
Secondary amount$0$83,115$0
Funding fee$0$0$0
Note rate3.610%3.610%7.400%
Blended rate4.460%5.858%7.640%
1st payment$990.76$990.76$1,869.42
2nd payment$0.00$623.36$0.00
Taxes / mo$140.50$140.50$140.50
Insurance / mo$150.00$150.00$150.00
MI / mo$154.17$154.17$54.00
HOA / mo$242.00$242.00$242.00
Total monthly$1,677.43$2,300.79$2,455.92
Cash to close$113,115$30,000$30,000