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$174,030$174,030$257,400
Remaining term (yrs)22.922.930.0
Secondary amount$0$83,370$0
Funding fee$0$0$0
Note rate3.550%3.550%7.400%
Blended rate4.400%5.890%7.640%
1st payment$921.33$921.33$1,782.19
2nd payment$0.00$625.28$0.00
Taxes / mo$369.33$369.33$369.33
Insurance / mo$150.00$150.00$150.00
MI / mo$144.43$144.43$51.48
HOA / mo$305.00$305.00$305.00
Total monthly$1,890.10$2,515.38$2,658.00
Cash to close$111,970$28,600$28,600