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$351,648$351,648$449,100
Remaining term (yrs)19.519.530.0
Secondary amount$0$97,452$0
Funding fee$0$0$0
Note rate3.800%3.800%7.400%
Blended rate4.650%5.594%7.640%
1st payment$2,117.78$2,117.78$3,109.48
2nd payment$0.00$730.89$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$321.94$321.94$89.82
HOA / mo$356.00$356.00$356.00
Total monthly$3,378.21$4,109.10$4,137.80
Cash to close$147,352$49,900$49,900