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$328,151$328,151$341,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$31,899$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate7.050%7.477%7.560%
1st payment$2,110.10$2,110.10$2,343.12
2nd payment$0.00$315.67$0.00
Taxes / mo$78.25$78.25$78.25
Insurance / mo$150.00$150.00$150.00
MI / mo$153.01$153.01$68.22
HOA / mo$144.00$144.00$144.00
Total monthly$2,635.36$2,951.03$2,783.59
Cash to close$50,849$18,950$37,900