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$189,850$189,850$372,600
Remaining term (yrs)22.422.430.0
Secondary amount$0$182,750$0
Funding fee$0$0$0
Note rate4.410%4.410%7.320%
Blended rate5.260%6.604%7.560%
1st payment$1,107.56$1,107.56$2,559.50
2nd payment$0.00$1,218.34$0.00
Taxes / mo$345.00$345.00$345.00
Insurance / mo$150.00$150.00$150.00
MI / mo$156.48$156.48$74.52
HOA / mo$120.00$120.00$120.00
Total monthly$1,879.04$3,097.37$3,249.02
Cash to close$224,150$41,400$41,400