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$250,810$250,810$269,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$34,095$0
Funding fee$0$0$0
Note rate2.840%2.840%7.400%
Blended rate3.690%4.670%7.640%
1st payment$1,165.93$1,165.93$1,868.80
2nd payment$0.00$337.40$0.00
Taxes / mo$108.00$108.00$108.00
Insurance / mo$150.00$150.00$150.00
MI / mo$199.96$199.96$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,623.89$1,961.29$2,180.78
Cash to close$49,090$14,995$29,990