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$127,199$127,199$311,310
Remaining term (yrs)21.021.030.0
Secondary amount$0$184,111$0
Funding fee$0$0$0
Note rate3.900%3.900%7.320%
Blended rate4.750%6.672%7.560%
1st payment$736.37$736.37$2,138.48
2nd payment$0.00$1,227.41$0.00
Taxes / mo$431.92$431.92$431.92
Insurance / mo$150.00$150.00$150.00
MI / mo$110.59$110.59$62.26
HOA / mo$14.58$14.58$14.58
Total monthly$1,443.45$2,670.86$2,797.24
Cash to close$218,701$34,590$34,590