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$260,081$260,081$292,500
Remaining term (yrs)28.328.330.0
Secondary amount$0$32,419$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.577%7.640%
1st payment$1,733.49$1,733.49$2,025.21
2nd payment$0.00$243.14$0.00
Taxes / mo$130.50$130.50$130.50
Insurance / mo$150.00$150.00$150.00
MI / mo$121.25$121.25$58.50
HOA / mo$220.00$220.00$220.00
Total monthly$2,355.24$2,598.38$2,584.21
Cash to close$64,919$32,500$32,500