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$150,831$150,831$373,500
Remaining term (yrs)19.419.430.0
Secondary amount$0$222,669$0
Funding fee$0$0$0
Note rate3.790%3.790%7.400%
Blended rate4.640%6.494%7.640%
1st payment$912.81$912.81$2,586.04
2nd payment$0.00$1,438.07$0.00
Taxes / mo$450.75$450.75$450.75
Insurance / mo$150.00$150.00$150.00
MI / mo$138.93$138.93$74.70
HOA / mo$0.83$0.83$0.83
Total monthly$1,653.33$3,091.39$3,262.32
Cash to close$264,169$41,500$41,500