Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$266,812$266,812$449,100
Remaining term (yrs)0.70.730.0
Secondary amount$0$182,288$0
Funding fee$0$0$0
Note rate6.370%6.370%7.320%
Blended rate6.920%7.358%7.560%
1st payment$27,466.35$27,466.35$3,085.01
2nd payment$0.00$1,215.25$0.00
Taxes / mo$146.08$146.08$146.08
Insurance / mo$166.67$166.67$166.67
MI / mo$145.98$145.98$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$27,925.08$29,140.34$3,487.58
Cash to close$232,188$49,900$49,900