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$336,665$336,665$359,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$43,240$0
Funding fee$0$0$0
Note rate6.790%6.790%7.400%
Blended rate7.340%7.856%7.640%
1st payment$2,253.03$2,253.03$2,491.94
2nd payment$0.00$427.90$0.00
Taxes / mo$461.00$461.00$461.00
Insurance / mo$150.00$150.00$150.00
MI / mo$158.56$158.56$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,022.59$3,450.49$3,174.93
Cash to close$63,235$19,995$39,990