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$310,742$310,742$369,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$58,258$0
Funding fee$0$0$0
Note rate5.230%5.230%7.400%
Blended rate6.080%6.541%7.640%
1st payment$1,829.47$1,829.47$2,554.88
2nd payment$0.00$436.93$0.00
Taxes / mo$960.17$960.17$960.17
Insurance / mo$150.00$150.00$150.00
MI / mo$235.20$235.20$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,174.84$3,611.77$3,738.85
Cash to close$99,258$41,000$41,000