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$147,539$147,539$260,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$113,371$0
Funding fee$0$0$0
Note rate4.420%4.420%7.320%
Blended rate5.270%6.456%7.560%
1st payment$801.84$801.84$1,792.27
2nd payment$0.00$755.81$0.00
Taxes / mo$67.50$67.50$67.50
Insurance / mo$150.00$150.00$150.00
MI / mo$113.15$113.15$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,132.49$1,888.30$2,061.95
Cash to close$142,361$28,990$28,990