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$737,215$737,215$764,899
Remaining term (yrs)24.224.230.0
Secondary amount$0$27,684$0
Funding fee$0$0$0
Note rate2.830%2.830%7.320%
Blended rate3.680%3.873%7.560%
1st payment$3,495.86$3,495.86$5,254.33
2nd payment$0.00$207.63$0.00
Taxes / mo$324.00$324.00$324.00
Insurance / mo$216.67$216.67$216.67
MI / mo$600.31$600.31$152.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,636.84$4,844.47$5,947.97
Cash to close$112,673$84,989$84,989