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$291,959$291,959$323,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$31,951$0
Funding fee$0$0$0
Note rate4.000%4.000%7.320%
Blended rate4.850%5.259%7.560%
1st payment$1,523.49$1,523.49$2,225.04
2nd payment$0.00$239.63$0.00
Taxes / mo$436.27$436.27$436.27
Insurance / mo$150.00$150.00$150.00
MI / mo$226.04$226.04$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,335.80$2,575.43$2,876.08
Cash to close$67,941$35,990$35,990