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$373,144$373,144$377,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$25,761$0
Funding fee$0$0$0
Note rate6.170%6.170%7.400%
Blended rate6.720%7.053%7.640%
1st payment$2,475.06$2,475.06$2,616.57
2nd payment$0.00$254.93$0.00
Taxes / mo$136.75$136.75$136.75
Insurance / mo$150.00$150.00$150.00
MI / mo$173.26$173.26$75.58
HOA / mo$56.33$56.33$56.33
Total monthly$2,991.40$3,246.33$3,035.23
Cash to close$46,756$20,995$41,990