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$357,274$357,274$369,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$32,226$0
Funding fee$0$0$0
Note rate5.100%5.100%7.400%
Blended rate5.950%6.440%7.640%
1st payment$2,079.15$2,079.15$2,554.88
2nd payment$0.00$318.90$0.00
Taxes / mo$99.92$99.92$99.92
Insurance / mo$150.00$150.00$150.00
MI / mo$271.25$271.25$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,600.31$2,919.21$2,878.60
Cash to close$52,726$20,500$41,000