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$817,689$817,689$890,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$72,411$0
Funding fee$0$0$0
Note rate5.870%5.870%7.240%
Blended rate6.420%6.630%7.480%
1st payment$4,934.33$4,934.33$6,066.01
2nd payment$0.00$543.09$0.00
Taxes / mo$824.17$824.17$824.17
Insurance / mo$216.67$216.67$216.67
MI / mo$382.53$382.53$178.02
HOA / mo$0.00$0.00$0.00
Total monthly$6,357.69$6,900.78$7,284.87
Cash to close$171,311$98,900$98,900