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$66,068$66,068$228,150
Remaining term (yrs)19.419.430.0
Secondary amount$0$162,082$0
Funding fee$0$0$0
Note rate3.790%3.790%7.320%
Blended rate4.640%7.027%7.560%
1st payment$399.83$399.83$1,567.23
2nd payment$0.00$1,080.55$0.00
Taxes / mo$170.00$170.00$170.00
Insurance / mo$150.00$150.00$150.00
MI / mo$60.86$60.86$45.63
HOA / mo$0.00$0.00$0.00
Total monthly$780.69$1,861.24$1,932.86
Cash to close$187,432$25,350$25,350