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$95,399$95,399$242,100
Remaining term (yrs)21.921.930.0
Secondary amount$0$146,701$0
Funding fee$0$0$0
Note rate3.550%3.550%7.400%
Blended rate4.400%6.581%7.640%
1st payment$519.87$519.87$1,676.25
2nd payment$0.00$978.00$0.00
Taxes / mo$127.17$127.17$127.17
Insurance / mo$150.00$150.00$150.00
MI / mo$79.95$79.95$48.42
HOA / mo$0.00$0.00$0.00
Total monthly$876.98$1,854.98$2,001.84
Cash to close$173,601$26,900$26,900