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$283,129$283,129$305,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$39,776$0
Funding fee$0$0$0
Note rate6.470%6.470%7.400%
Blended rate7.020%7.618%7.640%
1st payment$1,824.49$1,824.49$2,118.06
2nd payment$0.00$393.62$0.00
Taxes / mo$382.33$382.33$382.33
Insurance / mo$150.00$150.00$150.00
MI / mo$132.71$132.71$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,489.54$2,883.16$2,711.57
Cash to close$56,771$16,995$33,990