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$173,510$173,510$242,910
Remaining term (yrs)23.123.130.0
Secondary amount$0$69,400$0
Funding fee$0$0$0
Note rate3.780%3.780%7.320%
Blended rate4.630%5.879%7.560%
1st payment$935.62$935.62$1,668.62
2nd payment$0.00$520.50$0.00
Taxes / mo$139.83$139.83$139.83
Insurance / mo$150.00$150.00$150.00
MI / mo$142.58$142.58$48.58
HOA / mo$4.17$4.17$4.17
Total monthly$1,372.20$1,892.70$2,011.21
Cash to close$96,390$26,990$26,990