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$160,806$160,806$310,050
Remaining term (yrs)21.221.230.0
Secondary amount$0$149,244$0
Funding fee$0$0$0
Note rate3.900%3.900%7.400%
Blended rate4.750%6.314%7.640%
1st payment$926.25$926.25$2,146.72
2nd payment$0.00$994.96$0.00
Taxes / mo$449.50$449.50$449.50
Insurance / mo$150.00$150.00$150.00
MI / mo$139.10$139.10$62.01
HOA / mo$0.00$0.00$0.00
Total monthly$1,664.85$2,659.81$2,808.23
Cash to close$183,694$34,450$34,450