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$268,234$268,234$328,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$60,266$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%4.876%7.640%
1st payment$1,272.04$1,272.04$2,274.47
2nd payment$0.00$451.99$0.00
Taxes / mo$288.58$288.58$288.58
Insurance / mo$150.00$150.00$150.00
MI / mo$211.01$211.01$65.70
HOA / mo$2.50$2.50$2.50
Total monthly$1,924.13$2,376.12$2,781.25
Cash to close$96,766$36,500$36,500