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$363,756$363,756$418,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$54,744$0
Funding fee$0$0$0
Note rate3.760%3.760%7.320%
Blended rate4.610%5.184%7.560%
1st payment$1,839.35$1,839.35$2,874.80
2nd payment$0.00$410.58$0.00
Taxes / mo$387.50$387.50$387.50
Insurance / mo$166.67$166.67$166.67
MI / mo$280.98$280.98$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,674.50$3,085.08$3,512.67
Cash to close$101,244$46,500$46,500