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$66,789$66,789$422,910
Remaining term (yrs)6.76.730.0
Secondary amount$0$356,121$0
Funding fee$0$0$0
Note rate4.250%4.250%7.320%
Blended rate5.100%7.331%7.560%
1st payment$939.92$939.92$2,905.10
2nd payment$0.00$2,299.95$0.00
Taxes / mo$252.00$252.00$252.00
Insurance / mo$166.67$166.67$166.67
MI / mo$135.34$135.34$84.58
HOA / mo$56.00$56.00$56.00
Total monthly$1,549.92$3,849.87$3,464.35
Cash to close$403,111$46,990$46,990