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$145,273$145,273$328,410
Remaining term (yrs)20.120.130.0
Secondary amount$0$183,137$0
Funding fee$0$0$0
Note rate3.570%3.570%7.320%
Blended rate4.420%6.416%7.560%
1st payment$840.59$840.59$2,255.95
2nd payment$0.00$1,220.91$0.00
Taxes / mo$190.44$190.44$190.44
Insurance / mo$150.00$150.00$150.00
MI / mo$131.45$131.45$65.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,312.47$2,533.39$2,662.07
Cash to close$219,627$36,490$36,490