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$211,133$211,133$332,910
Remaining term (yrs)22.322.330.0
Secondary amount$0$121,777$0
Funding fee$0$0$0
Note rate4.630%4.630%7.400%
Blended rate5.480%6.402%7.640%
1st payment$1,262.80$1,262.80$2,305.00
2nd payment$0.00$811.85$0.00
Taxes / mo$229.75$229.75$229.75
Insurance / mo$150.00$150.00$150.00
MI / mo$173.88$173.88$66.58
HOA / mo$25.33$25.33$25.33
Total monthly$1,841.75$2,653.60$2,776.66
Cash to close$158,767$36,990$36,990