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$75,276$75,276$278,910
Remaining term (yrs)19.019.030.0
Secondary amount$0$203,634$0
Funding fee$0$0$0
Note rate3.910%3.910%7.320%
Blended rate4.760%6.943%7.560%
1st payment$465.61$465.61$1,915.92
2nd payment$0.00$1,315.14$0.00
Taxes / mo$78.75$78.75$78.75
Insurance / mo$150.00$150.00$150.00
MI / mo$69.84$69.84$55.78
HOA / mo$0.00$0.00$0.00
Total monthly$764.19$2,079.33$2,200.45
Cash to close$234,624$30,990$30,990