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$379,430$379,430$421,830
Remaining term (yrs)25.425.430.0
Secondary amount$0$42,400$0
Funding fee$0$0$0
Note rate3.920%3.920%7.320%
Blended rate4.770%5.195%7.560%
1st payment$1,959.41$1,959.41$2,897.68
2nd payment$0.00$318.00$0.00
Taxes / mo$227.67$227.67$227.67
Insurance / mo$166.67$166.67$166.67
MI / mo$293.54$293.54$84.37
HOA / mo$142.00$142.00$142.00
Total monthly$2,789.29$3,107.29$3,518.38
Cash to close$89,270$46,870$46,870