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$339,141$339,141$427,770
Remaining term (yrs)25.325.330.0
Secondary amount$0$88,629$0
Funding fee$0$0$0
Note rate3.560%3.560%7.320%
Blended rate4.410%5.361%7.560%
1st payment$1,687.98$1,687.98$2,938.48
2nd payment$0.00$664.72$0.00
Taxes / mo$176.67$176.67$176.67
Insurance / mo$166.67$166.67$166.67
MI / mo$264.29$264.29$85.55
HOA / mo$189.00$189.00$189.00
Total monthly$2,484.61$3,149.33$3,556.37
Cash to close$136,159$47,530$47,530