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$437,363$437,363$467,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$30,547$0
Funding fee$0$0$0
Note rate6.600%6.600%7.400%
Blended rate7.150%7.271%7.640%
1st payment$2,876.18$2,876.18$3,239.71
2nd payment$0.00$229.11$0.00
Taxes / mo$116.67$116.67$116.67
Insurance / mo$166.67$166.67$166.67
MI / mo$206.41$206.41$93.58
HOA / mo$75.00$75.00$75.00
Total monthly$3,440.92$3,670.03$3,691.63
Cash to close$82,537$51,990$51,990