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$153,360$153,360$629,100
Remaining term (yrs)15.115.130.0
Secondary amount$0$475,740$0
Funding fee$0$0$0
Note rate4.070%4.070%7.400%
Blended rate4.920%7.060%7.640%
1st payment$1,126.21$1,126.21$4,355.76
2nd payment$0.00$3,072.49$0.00
Taxes / mo$180.25$180.25$180.25
Insurance / mo$166.67$166.67$166.67
MI / mo$165.69$165.69$125.82
HOA / mo$58.33$58.33$58.33
Total monthly$1,697.15$4,769.64$4,886.83
Cash to close$545,640$69,900$69,900