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$294,498$294,498$359,991
Remaining term (yrs)23.823.830.0
Secondary amount$0$65,493$0
Funding fee$0$0$0
Note rate3.130%3.130%7.400%
Blended rate3.980%4.893%7.640%
1st payment$1,458.95$1,458.95$2,492.50
2nd payment$0.00$491.20$0.00
Taxes / mo$379.83$379.83$379.83
Insurance / mo$150.00$150.00$150.00
MI / mo$241.09$241.09$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,229.88$2,721.08$3,094.34
Cash to close$105,492$39,999$39,999