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$245,338$245,338$256,410
Remaining term (yrs)25.925.930.0
Secondary amount$0$25,317$0
Funding fee$0$0$0
Note rate5.410%5.410%7.320%
Blended rate6.260%6.785%7.560%
1st payment$1,464.30$1,464.30$1,761.36
2nd payment$0.00$250.54$0.00
Taxes / mo$255.08$255.08$255.08
Insurance / mo$150.00$150.00$150.00
MI / mo$184.51$184.51$51.28
HOA / mo$191.00$191.00$191.00
Total monthly$2,244.89$2,495.43$2,408.72
Cash to close$39,562$14,245$28,490