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$473,801$473,801$584,910
Remaining term (yrs)28.128.130.0
Secondary amount$0$111,109$0
Funding fee$0$0$0
Note rate6.600%6.600%7.320%
Blended rate7.150%7.311%7.560%
1st payment$3,086.71$3,086.71$4,017.93
2nd payment$0.00$740.73$0.00
Taxes / mo$252.42$252.42$252.42
Insurance / mo$166.67$166.67$166.67
MI / mo$221.52$221.52$116.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,727.32$4,468.04$4,553.99
Cash to close$176,099$64,990$64,990