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$466,657$466,657$699,750
Remaining term (yrs)21.621.630.0
Secondary amount$0$233,093$0
Funding fee$0$0$0
Note rate4.440%4.440%7.320%
Blended rate5.290%6.109%7.560%
1st payment$2,791.17$2,791.17$4,806.80
2nd payment$0.00$1,505.39$0.00
Taxes / mo$647.92$647.92$647.92
Insurance / mo$216.67$216.67$216.67
MI / mo$392.96$392.96$139.95
HOA / mo$0.00$0.00$0.00
Total monthly$4,048.72$5,554.11$5,811.33
Cash to close$310,843$77,750$77,750