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$479,537$479,537$674,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$194,563$0
Funding fee$0$0$0
Note rate7.620%7.620%7.400%
Blended rate8.170%8.121%7.640%
1st payment$3,484.85$3,484.85$4,667.33
2nd payment$0.00$1,297.09$0.00
Taxes / mo$534.83$534.83$534.83
Insurance / mo$216.67$216.67$216.67
MI / mo$225.77$225.77$134.82
HOA / mo$85.00$85.00$85.00
Total monthly$4,547.12$5,844.21$5,638.65
Cash to close$269,463$74,900$74,900