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$192,632$192,632$233,999
Remaining term (yrs)25.425.430.0
Secondary amount$0$41,367$0
Funding fee$0$0$0
Note rate3.920%3.920%7.320%
Blended rate4.770%5.518%7.560%
1st payment$994.77$994.77$1,607.41
2nd payment$0.00$310.25$0.00
Taxes / mo$242.33$242.33$242.33
Insurance / mo$150.00$150.00$150.00
MI / mo$149.03$149.03$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,536.13$1,846.38$2,046.54
Cash to close$67,367$26,000$26,000