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$672,872$672,872$719,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$46,228$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.465%7.640%
1st payment$4,467.14$4,467.14$4,978.90
2nd payment$0.00$346.71$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$313.74$313.74$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,663.38$6,010.09$6,005.22
Cash to close$126,128$79,900$79,900