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$362,600$362,600$404,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$41,500$0
Funding fee$0$0$0
Note rate6.560%6.560%7.320%
Blended rate7.110%7.304%7.560%
1st payment$2,329.74$2,329.74$2,775.89
2nd payment$0.00$311.25$0.00
Taxes / mo$374.17$374.17$374.17
Insurance / mo$150.00$150.00$150.00
MI / mo$167.89$167.89$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,021.79$3,333.04$3,380.87
Cash to close$86,400$44,900$44,900