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$332,616$332,616$373,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$40,884$0
Funding fee$0$0$0
Note rate3.070%3.070%7.400%
Blended rate3.920%4.476%7.640%
1st payment$1,578.97$1,578.97$2,586.04
2nd payment$0.00$306.63$0.00
Taxes / mo$243.92$243.92$243.92
Insurance / mo$150.00$150.00$150.00
MI / mo$262.92$262.92$74.70
HOA / mo$350.00$350.00$350.00
Total monthly$2,585.81$2,892.44$3,404.66
Cash to close$82,384$41,500$41,500