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$291,475$291,475$405,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$113,525$0
Funding fee$0$0$0
Note rate3.580%3.580%7.400%
Blended rate4.430%5.431%7.640%
1st payment$1,547.74$1,547.74$2,804.14
2nd payment$0.00$756.83$0.00
Taxes / mo$245.17$245.17$245.17
Insurance / mo$150.00$150.00$150.00
MI / mo$241.73$241.73$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,184.63$2,941.47$3,280.30
Cash to close$158,525$45,000$45,000