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$367,052$367,052$393,300
Remaining term (yrs)27.727.730.0
Secondary amount$0$26,248$0
Funding fee$0$0$0
Note rate7.030%7.030%7.320%
Blended rate7.580%7.675%7.560%
1st payment$2,506.59$2,506.59$2,701.70
2nd payment$0.00$196.86$0.00
Taxes / mo$316.83$316.83$316.83
Insurance / mo$150.00$150.00$150.00
MI / mo$172.16$172.16$78.66
HOA / mo$160.00$160.00$160.00
Total monthly$3,305.58$3,502.44$3,407.19
Cash to close$69,948$43,700$43,700