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$154,847$154,847$269,991
Remaining term (yrs)22.922.930.0
Secondary amount$0$115,144$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%5.907%7.640%
1st payment$815.69$815.69$1,869.36
2nd payment$0.00$767.63$0.00
Taxes / mo$316.25$316.25$316.25
Insurance / mo$150.00$150.00$150.00
MI / mo$128.67$128.67$54.00
HOA / mo$50.00$50.00$50.00
Total monthly$1,460.60$2,228.23$2,439.61
Cash to close$145,143$29,999$29,999