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$417,164$417,164$603,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$185,836$0
Funding fee$0$0$0
Note rate4.620%4.620%7.400%
Blended rate5.170%6.042%7.640%
1st payment$2,174.98$2,174.98$4,175.05
2nd payment$0.00$1,238.90$0.00
Taxes / mo$155.75$155.75$155.75
Insurance / mo$166.67$166.67$166.67
MI / mo$194.00$194.00$120.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,691.40$3,930.31$4,618.07
Cash to close$252,836$67,000$67,000