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$850,102$850,102$891,000
Remaining term (yrs)26.126.130.0
Secondary amount$0$40,898$0
Funding fee$0$0$0
Note rate4.000%4.000%7.320%
Blended rate4.850%5.040%7.560%
1st payment$4,363.18$4,363.18$6,120.55
2nd payment$0.00$306.74$0.00
Taxes / mo$825.00$825.00$825.00
Insurance / mo$216.67$216.67$216.67
MI / mo$647.36$647.36$178.20
HOA / mo$0.00$0.00$0.00
Total monthly$6,052.21$6,358.95$7,340.42
Cash to close$139,898$99,000$99,000