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$352,823$352,823$473,310
Remaining term (yrs)29.329.330.0
Secondary amount$0$120,487$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.292%7.640%
1st payment$2,244.52$2,244.52$3,277.10
2nd payment$0.00$803.25$0.00
Taxes / mo$209.50$209.50$209.50
Insurance / mo$166.67$166.67$166.67
MI / mo$162.76$162.76$94.66
HOA / mo$21.67$21.67$21.67
Total monthly$2,805.11$3,608.36$3,769.60
Cash to close$173,077$52,590$52,590