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$176,059$176,059$503,996
Remaining term (yrs)17.917.930.0
Secondary amount$0$327,936$0
Funding fee$0$0$0
Note rate4.130%4.130%7.320%
Blended rate4.980%6.782%7.560%
1st payment$1,156.59$1,156.59$3,462.10
2nd payment$0.00$2,117.92$0.00
Taxes / mo$272.75$272.75$272.75
Insurance / mo$166.67$166.67$166.67
MI / mo$168.94$168.94$100.80
HOA / mo$48.00$48.00$48.00
Total monthly$1,812.95$3,930.87$4,050.32
Cash to close$383,936$56,000$56,000