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$241,327$241,327$404,991
Remaining term (yrs)22.422.430.0
Secondary amount$0$163,664$0
Funding fee$0$0$0
Note rate4.450%4.450%7.400%
Blended rate5.300%6.391%7.640%
1st payment$1,416.24$1,416.24$2,804.08
2nd payment$0.00$1,091.09$0.00
Taxes / mo$635.08$635.08$635.08
Insurance / mo$150.00$150.00$150.00
MI / mo$199.15$199.15$81.00
HOA / mo$175.00$175.00$175.00
Total monthly$2,575.48$3,666.57$3,845.16
Cash to close$208,663$44,999$44,999