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$186,321$186,321$292,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$106,179$0
Funding fee$0$0$0
Note rate3.920%3.920%7.320%
Blended rate4.770%5.943%7.560%
1st payment$962.18$962.18$2,009.27
2nd payment$0.00$707.86$0.00
Taxes / mo$142.83$142.83$142.83
Insurance / mo$150.00$150.00$150.00
MI / mo$144.15$144.15$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,399.16$2,107.02$2,360.61
Cash to close$138,679$32,500$32,500