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$199,499$199,499$611,100
Remaining term (yrs)18.318.330.0
Secondary amount$0$411,601$0
Funding fee$0$0$0
Note rate3.160%3.160%7.400%
Blended rate4.010%6.529%7.640%
1st payment$1,191.87$1,191.87$4,231.13
2nd payment$0.00$2,658.26$0.00
Taxes / mo$565.83$565.83$565.83
Insurance / mo$166.67$166.67$166.67
MI / mo$174.95$174.95$122.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,099.32$4,757.58$5,085.85
Cash to close$479,501$67,900$67,900