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$292,732$292,732$350,991
Remaining term (yrs)25.425.430.0
Secondary amount$0$58,259$0
Funding fee$0$0$0
Note rate3.560%3.560%7.400%
Blended rate4.410%5.172%7.640%
1st payment$1,457.00$1,457.00$2,430.19
2nd payment$0.00$436.94$0.00
Taxes / mo$387.42$387.42$387.42
Insurance / mo$150.00$150.00$150.00
MI / mo$228.13$228.13$70.20
HOA / mo$53.00$53.00$53.00
Total monthly$2,275.54$2,712.48$3,090.81
Cash to close$97,258$38,999$38,999