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$205,949$205,949$382,500
Remaining term (yrs)20.520.530.0
Secondary amount$0$176,551$0
Funding fee$0$0$0
Note rate4.140%4.140%7.400%
Blended rate4.990%6.379%7.640%
1st payment$1,237.10$1,237.10$2,648.35
2nd payment$0.00$1,177.00$0.00
Taxes / mo$507.42$507.42$507.42
Insurance / mo$150.00$150.00$150.00
MI / mo$180.48$180.48$76.50
HOA / mo$66.67$66.67$66.67
Total monthly$2,141.67$3,318.68$3,448.94
Cash to close$219,051$42,500$42,500