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$210,190$210,190$332,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$121,910$0
Funding fee$0$0$0
Note rate2.990%2.990%7.320%
Blended rate3.840%5.367%7.560%
1st payment$1,021.19$1,021.19$2,281.30
2nd payment$0.00$812.73$0.00
Taxes / mo$315.83$315.83$315.83
Insurance / mo$150.00$150.00$150.00
MI / mo$171.79$171.79$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,658.81$2,471.54$2,813.55
Cash to close$158,810$36,900$36,900