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$31,674$31,674$332,910
Remaining term (yrs)21.621.630.0
Secondary amount$0$301,236$0
Funding fee$0$0$0
Note rate3.920%3.920%7.320%
Blended rate4.770%7.466%7.560%
1st payment$180.54$180.54$2,286.86
2nd payment$0.00$1,945.48$0.00
Taxes / mo$315.83$315.83$315.83
Insurance / mo$150.00$150.00$150.00
MI / mo$25.00$25.00$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$671.37$2,616.85$2,819.28
Cash to close$338,226$36,990$36,990