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$92,175$92,175$188,910
Remaining term (yrs)21.221.230.0
Secondary amount$0$96,735$0
Funding fee$0$0$0
Note rate3.940%3.940%7.320%
Blended rate4.790%6.946%7.560%
1st payment$532.89$532.89$1,297.68
2nd payment$0.00$725.51$0.00
Taxes / mo$61.50$61.50$61.50
Insurance / mo$150.00$150.00$150.00
MI / mo$79.64$79.64$37.78
HOA / mo$0.00$0.00$0.00
Total monthly$824.03$1,549.54$1,546.96
Cash to close$117,725$20,990$20,990