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$602,910$602,910$791,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$189,000$0
Funding fee$0$0$0
Note rate6.640%6.640%7.400%
Blended rate7.190%7.383%7.640%
1st payment$3,980.41$3,980.41$5,483.02
2nd payment$0.00$1,260.00$0.00
Taxes / mo$733.25$733.25$733.25
Insurance / mo$216.67$216.67$216.67
MI / mo$284.48$284.48$158.38
HOA / mo$0.00$0.00$0.00
Total monthly$5,214.80$6,474.80$6,591.32
Cash to close$276,990$87,990$87,990