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$189,000
Remaining term (yrs)11.311.330.0
Secondary amount$0$189,000$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.850%8.000%7.560%
1st payment$0.00$0.00$1,298.30
2nd payment$0.00$1,260.00$0.00
Taxes / mo$120.58$120.58$120.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.80
HOA / mo$340.00$340.00$340.00
Total monthly$610.58$1,870.58$1,946.68
Cash to close$210,000$21,000$21,000