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$89,201$89,201$215,910
Remaining term (yrs)19.219.230.0
Secondary amount$0$126,709$0
Funding fee$0$0$0
Note rate3.980%3.980%7.400%
Blended rate4.830%6.690%7.640%
1st payment$551.81$551.81$1,494.92
2nd payment$0.00$844.72$0.00
Taxes / mo$49.08$49.08$49.08
Insurance / mo$150.00$150.00$150.00
MI / mo$82.07$82.07$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$832.96$1,677.68$1,737.18
Cash to close$150,699$23,990$23,990