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$176,245$176,245$206,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$30,665$0
Funding fee$0$0$0
Note rate4.170%4.170%7.400%
Blended rate5.020%5.610%7.640%
1st payment$932.96$932.96$1,432.60
2nd payment$0.00$229.99$0.00
Taxes / mo$105.42$105.42$105.42
Insurance / mo$150.00$150.00$150.00
MI / mo$135.62$135.62$41.38
HOA / mo$78.00$78.00$78.00
Total monthly$1,402.00$1,631.99$1,807.40
Cash to close$53,655$22,990$22,990