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$186,459$186,459$440,910
Remaining term (yrs)19.419.430.0
Secondary amount$0$254,451$0
Funding fee$0$0$0
Note rate3.820%3.820%7.400%
Blended rate4.670%6.447%7.640%
1st payment$1,131.33$1,131.33$3,052.77
2nd payment$0.00$1,643.33$0.00
Taxes / mo$408.25$408.25$408.25
Insurance / mo$166.67$166.67$166.67
MI / mo$171.56$171.56$88.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,877.81$3,521.14$3,715.87
Cash to close$303,441$48,990$48,990