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$411,158$411,158$575,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$164,752$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%5.358%7.640%
1st payment$2,125.15$2,125.15$3,987.48
2nd payment$0.00$1,098.35$0.00
Taxes / mo$533.25$533.25$533.25
Insurance / mo$166.67$166.67$166.67
MI / mo$337.32$337.32$115.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,162.38$4,260.73$4,802.58
Cash to close$228,742$63,990$63,990