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$258,977$258,977$314,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$55,123$0
Funding fee$0$0$0
Note rate2.930%2.930%7.320%
Blended rate3.780%4.696%7.560%
1st payment$1,218.69$1,218.69$2,157.65
2nd payment$0.00$413.42$0.00
Taxes / mo$290.83$290.83$290.83
Insurance / mo$150.00$150.00$150.00
MI / mo$206.60$206.60$62.82
HOA / mo$248.00$248.00$248.00
Total monthly$2,114.12$2,527.54$2,909.30
Cash to close$90,023$34,900$34,900