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$835,016$835,016$868,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$33,484$0
Funding fee$0$0$0
Note rate6.090%6.090%7.400%
Blended rate6.640%6.731%7.640%
1st payment$5,290.02$5,290.02$6,013.32
2nd payment$0.00$251.13$0.00
Taxes / mo$804.17$804.17$804.17
Insurance / mo$216.67$216.67$216.67
MI / mo$400.53$400.53$173.70
HOA / mo$131.00$131.00$131.00
Total monthly$6,842.38$7,093.51$7,338.85
Cash to close$129,984$96,500$96,500