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$182,291$182,291$233,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$50,809$0
Funding fee$0$0$0
Note rate2.940%2.940%7.320%
Blended rate3.790%4.926%7.560%
1st payment$862.67$862.67$1,601.24
2nd payment$0.00$381.07$0.00
Taxes / mo$419.25$419.25$419.25
Insurance / mo$150.00$150.00$150.00
MI / mo$146.06$146.06$46.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,577.98$1,959.05$2,217.11
Cash to close$76,709$25,900$25,900