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$363,907$363,907$382,950
Remaining term (yrs)24.524.530.0
Secondary amount$0$40,318$0
Funding fee$0$0$0
Note rate3.080%3.080%7.400%
Blended rate3.930%4.722%7.640%
1st payment$1,756.50$1,756.50$2,651.47
2nd payment$0.00$398.98$0.00
Taxes / mo$261.83$261.83$261.83
Insurance / mo$150.00$150.00$150.00
MI / mo$292.11$292.11$76.59
HOA / mo$0.00$0.00$0.00
Total monthly$2,460.45$2,859.43$3,139.89
Cash to close$61,593$21,275$42,550