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$96,779$96,779$170,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$74,131$0
Funding fee$0$0$0
Note rate2.740%2.740%7.320%
Blended rate3.590%5.937%7.560%
1st payment$452.30$452.30$1,174.03
2nd payment$0.00$555.98$0.00
Taxes / mo$42.42$42.42$42.42
Insurance / mo$150.00$150.00$150.00
MI / mo$78.58$78.58$34.18
HOA / mo$245.00$245.00$245.00
Total monthly$968.30$1,524.28$1,645.63
Cash to close$93,121$18,990$18,990