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$192,348$192,348$215,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$35,557$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%5.068%7.640%
1st payment$910.19$910.19$1,494.92
2nd payment$0.00$351.86$0.00
Taxes / mo$267.58$267.58$267.58
Insurance / mo$150.00$150.00$150.00
MI / mo$153.71$153.71$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,481.48$1,833.34$1,955.68
Cash to close$47,552$11,995$23,990