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$204,784$204,784$332,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$127,316$0
Funding fee$0$0$0
Note rate2.670%2.670%7.320%
Blended rate3.520%5.237%7.560%
1st payment$952.08$952.08$2,281.30
2nd payment$0.00$848.77$0.00
Taxes / mo$92.42$92.42$92.42
Insurance / mo$150.00$150.00$150.00
MI / mo$166.92$166.92$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,361.41$2,210.18$2,590.13
Cash to close$164,216$36,900$36,900