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$380,793$380,793$446,299
Remaining term (yrs)24.524.530.0
Secondary amount$0$65,506$0
Funding fee$0$0$0
Note rate3.020%3.020%7.400%
Blended rate3.870%4.623%7.640%
1st payment$1,826.12$1,826.12$3,090.09
2nd payment$0.00$491.30$0.00
Taxes / mo$413.24$413.24$413.24
Insurance / mo$166.67$166.67$166.67
MI / mo$306.02$306.02$89.26
HOA / mo$0.00$0.00$0.00
Total monthly$2,712.05$3,203.35$3,759.25
Cash to close$115,095$49,589$49,589