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$97,603$97,603$508,500
Remaining term (yrs)14.114.130.0
Secondary amount$0$410,897$0
Funding fee$0$0$0
Note rate4.240%4.240%7.400%
Blended rate5.090%7.239%7.640%
1st payment$761.45$761.45$3,520.75
2nd payment$0.00$2,653.71$0.00
Taxes / mo$470.83$470.83$470.83
Insurance / mo$166.67$166.67$166.67
MI / mo$109.77$109.77$101.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,508.72$4,162.43$4,259.95
Cash to close$467,397$56,500$56,500