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$294,202$294,202$350,100
Remaining term (yrs)22.422.430.0
Secondary amount$0$55,898$0
Funding fee$0$0$0
Note rate4.460%4.460%7.400%
Blended rate5.310%5.899%7.640%
1st payment$1,728.16$1,728.16$2,424.02
2nd payment$0.00$419.24$0.00
Taxes / mo$324.17$324.17$324.17
Insurance / mo$150.00$150.00$150.00
MI / mo$242.73$242.73$70.02
HOA / mo$222.00$222.00$222.00
Total monthly$2,667.06$3,086.30$3,190.21
Cash to close$94,798$38,900$38,900