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$188,719$188,719$359,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$171,191$0
Funding fee$0$0$0
Note rate3.030%3.030%7.320%
Blended rate3.880%5.840%7.560%
1st payment$922.95$922.95$2,472.33
2nd payment$0.00$1,141.27$0.00
Taxes / mo$330.17$330.17$330.17
Insurance / mo$150.00$150.00$150.00
MI / mo$154.47$154.47$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,557.59$2,698.86$3,024.48
Cash to close$211,181$39,990$39,990