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$239,045$239,045$331,199
Remaining term (yrs)24.924.930.0
Secondary amount$0$92,154$0
Funding fee$0$0$0
Note rate2.770%2.770%7.320%
Blended rate3.620%5.117%7.560%
1st payment$1,105.19$1,105.19$2,275.11
2nd payment$0.00$691.15$0.00
Taxes / mo$404.58$404.58$404.58
Insurance / mo$150.00$150.00$150.00
MI / mo$191.26$191.26$66.24
HOA / mo$17.75$17.75$17.75
Total monthly$1,868.79$2,559.94$2,913.68
Cash to close$128,954$36,800$36,800