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$110,349$110,349$224,910
Remaining term (yrs)22.822.830.0
Secondary amount$0$114,561$0
Funding fee$0$0$0
Note rate3.800%3.800%7.320%
Blended rate4.650%6.356%7.560%
1st payment$601.63$601.63$1,544.98
2nd payment$0.00$763.74$0.00
Taxes / mo$63.50$63.50$63.50
Insurance / mo$150.00$150.00$150.00
MI / mo$91.46$91.46$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$906.59$1,670.33$1,803.46
Cash to close$139,551$24,990$24,990