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$465,891$465,891$494,910
Remaining term (yrs)28.228.230.0
Secondary amount$0$29,019$0
Funding fee$0$0$0
Note rate6.080%6.080%7.400%
Blended rate6.630%6.769%7.640%
1st payment$2,876.46$2,876.46$3,426.66
2nd payment$0.00$217.64$0.00
Taxes / mo$458.25$458.25$458.25
Insurance / mo$166.67$166.67$166.67
MI / mo$218.02$218.02$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,719.40$3,937.04$4,150.56
Cash to close$84,009$54,990$54,990