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$164,968$164,968$544,500
Remaining term (yrs)19.219.230.0
Secondary amount$0$379,532$0
Funding fee$0$0$0
Note rate3.760%3.760%7.320%
Blended rate4.610%6.799%7.560%
1st payment$1,001.63$1,001.63$3,740.34
2nd payment$0.00$2,451.14$0.00
Taxes / mo$504.17$504.17$504.17
Insurance / mo$166.67$166.67$166.67
MI / mo$153.01$153.01$108.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,825.47$4,276.61$4,520.07
Cash to close$440,032$60,500$60,500