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$0$0$152,100
Remaining term (yrs)——30.0
Secondary amount$0$152,100$0
Funding fee$0$0$0
Note rate0.000%0.000%7.320%
Blended rate0.850%8.000%7.560%
1st payment$0.00$0.00$1,044.82
2nd payment$0.00$1,014.00$0.00
Taxes / mo$63.00$63.00$63.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$30.42
HOA / mo$558.00$558.00$558.00
Total monthly$771.00$1,785.00$1,846.24
Cash to close$169,000$16,900$16,900