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$411,584$411,584$449,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$37,516$0
Funding fee$0$0$0
Note rate2.790%2.790%7.320%
Blended rate3.640%4.088%7.560%
1st payment$1,934.07$1,934.07$3,085.01
2nd payment$0.00$281.37$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$333.84$333.84$89.82
HOA / mo$752.00$752.00$752.00
Total monthly$3,602.41$3,883.78$4,509.33
Cash to close$87,416$49,900$49,900