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$170,075$170,075$269,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$99,835$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%5.730%7.640%
1st payment$823.66$823.66$1,868.80
2nd payment$0.00$748.77$0.00
Taxes / mo$184.17$184.17$184.17
Insurance / mo$150.00$150.00$150.00
MI / mo$139.09$139.09$53.98
HOA / mo$145.00$145.00$145.00
Total monthly$1,441.92$2,190.69$2,401.95
Cash to close$129,825$29,990$29,990