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$468,647$468,647$467,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$25,258$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%4.687%7.640%
1st payment$2,304.80$2,304.80$3,239.71
2nd payment$0.00$249.95$0.00
Taxes / mo$433.25$433.25$433.25
Insurance / mo$166.67$166.67$166.67
MI / mo$365.83$365.83$93.58
HOA / mo$55.00$55.00$55.00
Total monthly$3,325.55$3,575.50$3,988.21
Cash to close$51,253$25,995$51,990