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$243,977$243,977$418,410
Remaining term (yrs)21.221.230.0
Secondary amount$0$174,433$0
Funding fee$0$0$0
Note rate3.920%3.920%7.400%
Blended rate4.770%6.117%7.640%
1st payment$1,407.91$1,407.91$2,896.99
2nd payment$0.00$1,162.89$0.00
Taxes / mo$387.42$387.42$387.42
Insurance / mo$166.67$166.67$166.67
MI / mo$210.92$210.92$83.68
HOA / mo$321.00$321.00$321.00
Total monthly$2,493.91$3,656.79$3,855.75
Cash to close$220,923$46,490$46,490