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$5,728$5,728$461,699
Remaining term (yrs)19.919.930.0
Secondary amount$0$455,971$0
Funding fee$0$0$0
Note rate2.750%2.750%7.320%
Blended rate3.600%7.699%7.560%
1st payment$30.96$30.96$3,171.55
2nd payment$0.00$2,944.81$0.00
Taxes / mo$266.08$266.08$266.08
Insurance / mo$166.67$166.67$166.67
MI / mo$4.88$4.88$92.34
HOA / mo$55.00$55.00$55.00
Total monthly$523.59$3,468.41$3,751.64
Cash to close$507,271$51,300$51,300