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$179,644$179,644$274,410
Remaining term (yrs)21.521.530.0
Secondary amount$0$94,766$0
Funding fee$0$0$0
Note rate4.440%4.440%7.400%
Blended rate5.290%6.571%7.640%
1st payment$1,076.95$1,076.95$1,899.96
2nd payment$0.00$710.74$0.00
Taxes / mo$312.49$312.49$312.49
Insurance / mo$150.00$150.00$150.00
MI / mo$151.62$151.62$54.88
HOA / mo$0.00$0.00$0.00
Total monthly$1,691.06$2,401.80$2,417.33
Cash to close$125,256$30,490$30,490