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$284,800$284,800$485,910
Remaining term (yrs)21.121.130.0
Secondary amount$0$201,110$0
Funding fee$0$0$0
Note rate3.910%3.910%7.400%
Blended rate4.760%5.998%7.640%
1st payment$1,646.09$1,646.09$3,364.34
2nd payment$0.00$1,298.84$0.00
Taxes / mo$316.33$316.33$316.33
Insurance / mo$166.67$166.67$166.67
MI / mo$246.90$246.90$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,376.00$3,674.83$3,944.52
Cash to close$255,100$53,990$53,990