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$328,972$328,972$469,800
Remaining term (yrs)23.023.030.0
Secondary amount$0$140,828$0
Funding fee$0$0$0
Note rate3.730%3.730%7.400%
Blended rate4.580%5.605%7.640%
1st payment$1,769.09$1,769.09$3,252.80
2nd payment$0.00$938.85$0.00
Taxes / mo$451.75$451.75$451.75
Insurance / mo$166.67$166.67$166.67
MI / mo$271.25$271.25$93.96
HOA / mo$45.00$45.00$45.00
Total monthly$2,703.76$3,642.61$4,010.18
Cash to close$193,028$52,200$52,200