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$281,549$281,549$332,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$51,361$0
Funding fee$0$0$0
Note rate5.780%5.780%7.320%
Blended rate6.630%6.996%7.560%
1st payment$1,748.45$1,748.45$2,286.86
2nd payment$0.00$385.21$0.00
Taxes / mo$276.67$276.67$276.67
Insurance / mo$150.00$150.00$150.00
MI / mo$211.53$211.53$66.58
HOA / mo$50.00$50.00$50.00
Total monthly$2,436.65$2,821.87$2,830.11
Cash to close$88,351$36,990$36,990