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$154,749$154,749$179,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$25,161$0
Funding fee$0$0$0
Note rate3.110%3.110%7.320%
Blended rate3.960%4.665%7.560%
1st payment$734.68$734.68$1,235.86
2nd payment$0.00$188.70$0.00
Taxes / mo$243.50$243.50$243.50
Insurance / mo$150.00$150.00$150.00
MI / mo$121.71$121.71$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,249.89$1,438.59$1,665.34
Cash to close$45,151$19,990$19,990