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$581,413$581,413$580,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$31,337$0
Funding fee$0$0$0
Note rate6.190%6.190%7.400%
Blended rate6.740%7.003%7.640%
1st payment$3,588.85$3,588.85$4,019.26
2nd payment$0.00$310.11$0.00
Taxes / mo$537.50$537.50$537.50
Insurance / mo$166.67$166.67$166.67
MI / mo$268.85$268.85$116.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,561.87$4,871.98$4,839.53
Cash to close$63,587$32,250$64,500