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$138,536$138,536$251,991
Remaining term (yrs)21.421.430.0
Secondary amount$0$113,455$0
Funding fee$0$0$0
Note rate4.330%4.330%7.320%
Blended rate5.180%6.450%7.560%
1st payment$824.11$824.11$1,731.00
2nd payment$0.00$756.36$0.00
Taxes / mo$268.08$268.08$268.08
Insurance / mo$150.00$150.00$150.00
MI / mo$117.54$117.54$50.40
HOA / mo$680.00$680.00$680.00
Total monthly$2,039.72$2,796.09$2,879.48
Cash to close$141,454$27,999$27,999