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$739,673$739,673$765,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$25,327$0
Funding fee$0$0$0
Note rate6.080%6.080%7.400%
Blended rate6.630%6.708%7.640%
1st payment$4,571.88$4,571.88$5,296.71
2nd payment$0.00$189.95$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$346.52$346.52$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,843.40$6,033.36$6,374.71
Cash to close$110,327$85,000$85,000