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$444,955$444,955$566,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$121,145$0
Funding fee$0$0$0
Note rate5.780%5.780%7.400%
Blended rate6.630%6.923%7.640%
1st payment$2,759.40$2,759.40$3,919.56
2nd payment$0.00$807.63$0.00
Taxes / mo$524.17$524.17$524.17
Insurance / mo$166.67$166.67$166.67
MI / mo$333.84$333.84$113.22
HOA / mo$0.00$0.00$0.00
Total monthly$3,784.08$4,591.71$4,723.62
Cash to close$184,045$62,900$62,900