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$73,307$73,307$157,410
Remaining term (yrs)23.623.630.0
Secondary amount$0$84,103$0
Funding fee$0$0$0
Note rate3.230%3.230%7.400%
Blended rate4.080%6.709%7.640%
1st payment$368.70$368.70$1,089.88
2nd payment$0.00$630.77$0.00
Taxes / mo$88.58$88.58$88.58
Insurance / mo$150.00$150.00$150.00
MI / mo$60.16$60.16$31.48
HOA / mo$0.00$0.00$0.00
Total monthly$667.44$1,298.21$1,359.94
Cash to close$101,593$17,490$17,490