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$383,447$383,447$841,500
Remaining term (yrs)22.322.330.0
Secondary amount$0$458,053$0
Funding fee$0$0$0
Note rate4.450%4.450%7.400%
Blended rate5.300%6.634%7.640%
1st payment$2,255.15$2,255.15$5,826.38
2nd payment$0.00$2,958.26$0.00
Taxes / mo$286.83$286.83$286.83
Insurance / mo$216.67$216.67$216.67
MI / mo$317.12$317.12$168.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,075.77$6,034.03$6,498.18
Cash to close$551,553$93,500$93,500