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$319,406$319,406$432,000
Remaining term (yrs)21.521.530.0
Secondary amount$0$112,594$0
Funding fee$0$0$0
Note rate4.450%4.450%7.400%
Blended rate5.300%6.004%7.640%
1st payment$1,916.55$1,916.55$2,991.08
2nd payment$0.00$750.63$0.00
Taxes / mo$240.75$240.75$240.75
Insurance / mo$166.67$166.67$166.67
MI / mo$269.51$269.51$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,593.47$3,344.10$3,484.90
Cash to close$160,594$48,000$48,000