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$873,257$873,257$944,910
Remaining term (yrs)26.826.830.0
Secondary amount$0$71,653$0
Funding fee$0$0$0
Note rate6.690%6.690%7.400%
Blended rate7.240%7.373%7.640%
1st payment$5,837.47$5,837.47$6,542.37
2nd payment$0.00$537.40$0.00
Taxes / mo$557.75$557.75$557.75
Insurance / mo$216.67$216.67$216.67
MI / mo$415.06$415.06$188.98
HOA / mo$45.00$45.00$45.00
Total monthly$7,071.94$7,609.34$7,550.76
Cash to close$176,643$104,990$104,990