Dan Frey Home Loans
Call Coya

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$305,826$305,826$404,910
Remaining term (yrs)16.716.730.0
Secondary amount$0$99,084$0
Funding fee$0$0$0
Note rate6.710%6.710%7.240%
Blended rate7.260%7.686%7.480%
1st payment$2,530.47$2,530.47$2,759.45
2nd payment$0.00$743.13$0.00
Taxes / mo$272.25$272.25$272.25
Insurance / mo$150.00$150.00$150.00
MI / mo$153.01$153.01$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,105.73$3,848.87$3,262.69
Cash to close$144,074$44,990$44,990