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$152,096$152,096$269,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$117,814$0
Funding fee$0$0$0
Note rate3.330%3.330%7.400%
Blended rate4.180%5.847%7.640%
1st payment$772.94$772.94$1,868.80
2nd payment$0.00$785.43$0.00
Taxes / mo$96.83$96.83$96.83
Insurance / mo$150.00$150.00$150.00
MI / mo$124.54$124.54$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,144.31$1,929.74$2,169.62
Cash to close$147,804$29,990$29,990