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$581,610$581,610$719,999
Remaining term (yrs)25.825.830.0
Secondary amount$0$138,389$0
Funding fee$0$0$0
Note rate5.520%5.520%7.400%
Blended rate6.370%6.683%7.640%
1st payment$3,520.05$3,520.05$4,985.13
2nd payment$0.00$922.59$0.00
Taxes / mo$666.67$666.67$666.67
Insurance / mo$216.67$216.67$216.67
MI / mo$438.17$438.17$144.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,841.55$5,764.14$6,012.46
Cash to close$218,389$80,000$80,000