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$370,282$370,282$377,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$28,623$0
Funding fee$0$0$0
Note rate5.780%5.780%7.320%
Blended rate6.630%7.006%7.560%
1st payment$2,299.50$2,299.50$2,595.98
2nd payment$0.00$283.25$0.00
Taxes / mo$366.67$366.67$366.67
Insurance / mo$150.00$150.00$150.00
MI / mo$278.20$278.20$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$3,094.37$3,377.62$3,188.23
Cash to close$49,618$20,995$41,990