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$1,333,774$1,333,774$1,462,410
Remaining term (yrs)28.128.130.0
Secondary amount$0$128,636$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.416%7.640%
1st payment$8,871.96$8,871.96$10,125.43
2nd payment$0.00$857.57$0.00
Taxes / mo$709.43$709.43$709.43
Insurance / mo$216.67$216.67$216.67
MI / mo$623.10$623.10$292.48
HOA / mo$157.33$157.33$157.33
Total monthly$10,578.49$11,436.06$11,501.34
Cash to close$291,126$162,490$162,490