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$194,909$194,909$567,000
Remaining term (yrs)19.019.030.0
Secondary amount$0$372,091$0
Funding fee$0$0$0
Note rate3.910%3.910%7.320%
Blended rate4.760%6.722%7.560%
1st payment$1,205.58$1,205.58$3,894.90
2nd payment$0.00$2,403.08$0.00
Taxes / mo$746.92$746.92$746.92
Insurance / mo$166.67$166.67$166.67
MI / mo$180.83$180.83$113.40
HOA / mo$66.67$66.67$66.67
Total monthly$2,366.67$4,769.75$4,988.55
Cash to close$435,091$63,000$63,000