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$410,273$410,273$477,899
Remaining term (yrs)26.426.430.0
Secondary amount$0$67,626$0
Funding fee$0$0$0
Note rate6.920%6.920%7.400%
Blended rate7.470%7.687%7.640%
1st payment$2,818.74$2,818.74$3,308.88
2nd payment$0.00$507.19$0.00
Taxes / mo$442.50$442.50$442.50
Insurance / mo$166.67$166.67$166.67
MI / mo$195.76$195.76$95.58
HOA / mo$0.00$0.00$0.00
Total monthly$3,623.67$4,130.86$4,013.62
Cash to close$120,726$53,100$53,100