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$136,382$136,382$341,991
Remaining term (yrs)21.121.130.0
Secondary amount$0$205,609$0
Funding fee$0$0$0
Note rate3.910%3.910%7.400%
Blended rate4.760%6.558%7.640%
1st payment$788.27$788.27$2,367.88
2nd payment$0.00$1,327.89$0.00
Taxes / mo$96.00$96.00$96.00
Insurance / mo$150.00$150.00$150.00
MI / mo$118.24$118.24$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,152.50$2,480.39$2,682.27
Cash to close$243,608$37,999$37,999