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$168,974$168,974$242,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$73,936$0
Funding fee$0$0$0
Note rate3.010%3.010%7.320%
Blended rate3.860%5.424%7.560%
1st payment$828.57$828.57$1,668.62
2nd payment$0.00$554.52$0.00
Taxes / mo$432.02$432.02$432.02
Insurance / mo$150.00$150.00$150.00
MI / mo$139.03$139.03$48.58
HOA / mo$240.00$240.00$240.00
Total monthly$1,789.62$2,344.14$2,539.22
Cash to close$100,926$26,990$26,990