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$1,197,383$1,197,383$1,313,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$115,717$0
Funding fee$0$0$0
Note rate6.600%6.600%7.400%
Blended rate7.150%7.225%7.640%
1st payment$7,785.03$7,785.03$9,091.64
2nd payment$0.00$771.45$0.00
Taxes / mo$1,215.83$1,215.83$1,215.83
Insurance / mo$216.67$216.67$216.67
MI / mo$558.69$558.69$262.62
HOA / mo$149.00$149.00$149.00
Total monthly$9,925.22$10,696.67$10,935.76
Cash to close$261,617$145,900$145,900