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$153,758$153,758$242,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$89,152$0
Funding fee$0$0$0
Note rate3.130%3.130%7.320%
Blended rate3.980%5.822%7.560%
1st payment$744.51$744.51$1,668.62
2nd payment$0.00$668.64$0.00
Taxes / mo$246.00$246.00$246.00
Insurance / mo$150.00$150.00$150.00
MI / mo$123.03$123.03$48.58
HOA / mo$330.00$330.00$330.00
Total monthly$1,593.53$2,262.18$2,443.21
Cash to close$116,142$26,990$26,990