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$257,629$257,629$449,991
Remaining term (yrs)24.824.830.0
Secondary amount$0$192,362$0
Funding fee$0$0$0
Note rate2.890%2.890%7.320%
Blended rate3.740%5.561%7.560%
1st payment$1,209.77$1,209.77$3,091.13
2nd payment$0.00$1,282.41$0.00
Taxes / mo$188.50$188.50$188.50
Insurance / mo$166.67$166.67$166.67
MI / mo$206.14$206.14$90.00
HOA / mo$16.00$16.00$16.00
Total monthly$1,787.08$3,069.49$3,552.29
Cash to close$242,361$49,999$49,999