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$439,674$439,674$449,910
Remaining term (yrs)29.429.430.0
Secondary amount$0$35,231$0
Funding fee$0$0$0
Note rate6.110%6.110%7.400%
Blended rate6.660%7.047%7.640%
1st payment$2,680.44$2,680.44$3,115.09
2nd payment$0.00$348.64$0.00
Taxes / mo$583.58$583.58$583.58
Insurance / mo$166.67$166.67$166.67
MI / mo$202.51$202.51$89.98
HOA / mo$155.00$155.00$155.00
Total monthly$3,788.20$4,136.85$4,110.32
Cash to close$60,226$24,995$49,990