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$421,990$421,990$585,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$163,010$0
Funding fee$0$0$0
Note rate3.050%3.050%7.400%
Blended rate3.900%5.042%7.640%
1st payment$2,003.23$2,003.23$4,050.42
2nd payment$0.00$1,086.73$0.00
Taxes / mo$541.67$541.67$541.67
Insurance / mo$166.67$166.67$166.67
MI / mo$334.42$334.42$117.00
HOA / mo$76.00$76.00$76.00
Total monthly$3,121.98$4,208.71$4,951.76
Cash to close$228,010$65,000$65,000