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$929,267$929,267$944,010
Remaining term (yrs)27.827.830.0
Secondary amount$0$67,188$0
Funding fee$0$0$0
Note rate6.860%6.860%7.320%
Blended rate7.410%7.711%7.560%
1st payment$6,236.09$6,236.09$6,484.69
2nd payment$0.00$664.88$0.00
Taxes / mo$874.08$874.08$874.08
Insurance / mo$216.67$216.67$216.67
MI / mo$435.75$435.75$188.80
HOA / mo$525.00$525.00$525.00
Total monthly$8,287.59$8,952.48$8,289.25
Cash to close$119,633$52,445$104,890