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$448,529$448,529$652,139
Remaining term (yrs)24.924.930.0
Secondary amount$0$203,610$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%5.054%7.640%
1st payment$2,122.31$2,122.31$4,515.28
2nd payment$0.00$1,314.98$0.00
Taxes / mo$603.83$603.83$603.83
Insurance / mo$216.67$216.67$216.67
MI / mo$357.48$357.48$130.43
HOA / mo$0.00$0.00$0.00
Total monthly$3,300.29$4,615.28$5,466.21
Cash to close$276,070$72,460$72,460