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$333,702$333,702$449,999
Remaining term (yrs)25.125.130.0
Secondary amount$0$116,297$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%4.834%7.640%
1st payment$1,551.14$1,551.14$3,115.70
2nd payment$0.00$775.31$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$264.65$264.65$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,399.13$3,174.44$3,789.04
Cash to close$166,297$50,000$50,000