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$440,788$440,788$449,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$33,262$0
Funding fee$0$0$0
Note rate5.520%5.520%7.400%
Blended rate6.370%6.756%7.640%
1st payment$2,667.75$2,667.75$3,109.48
2nd payment$0.00$329.16$0.00
Taxes / mo$407.58$407.58$407.58
Insurance / mo$166.67$166.67$166.67
MI / mo$332.08$332.08$89.82
HOA / mo$58.33$58.33$58.33
Total monthly$3,632.41$3,961.57$3,831.88
Cash to close$58,212$24,950$49,900