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$164,608$164,608$206,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$42,302$0
Funding fee$0$0$0
Note rate3.080%3.080%7.400%
Blended rate3.930%4.967%7.640%
1st payment$794.53$794.53$1,432.60
2nd payment$0.00$317.26$0.00
Taxes / mo$180.83$180.83$180.83
Insurance / mo$150.00$150.00$150.00
MI / mo$132.13$132.13$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,257.50$1,574.76$1,804.82
Cash to close$65,292$22,990$22,990