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$380,038$380,038$539,999
Remaining term (yrs)24.824.830.0
Secondary amount$0$159,961$0
Funding fee$0$0$0
Note rate2.930%2.930%7.400%
Blended rate3.780%5.030%7.640%
1st payment$1,792.43$1,792.43$3,738.84
2nd payment$0.00$1,066.41$0.00
Taxes / mo$351.83$351.83$351.83
Insurance / mo$166.67$166.67$166.67
MI / mo$303.86$303.86$108.00
HOA / mo$180.00$180.00$180.00
Total monthly$2,794.79$3,861.20$4,545.34
Cash to close$219,961$60,000$60,000