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$146,966$146,966$369,000
Remaining term (yrs)19.419.430.0
Secondary amount$0$222,034$0
Funding fee$0$0$0
Note rate3.660%3.660%7.320%
Blended rate4.510%6.460%7.560%
1st payment$876.97$876.97$2,534.77
2nd payment$0.00$1,433.97$0.00
Taxes / mo$341.67$341.67$341.67
Insurance / mo$150.00$150.00$150.00
MI / mo$135.62$135.62$73.80
HOA / mo$275.00$275.00$275.00
Total monthly$1,779.26$3,213.23$3,375.24
Cash to close$263,034$41,000$41,000