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$234,774$234,774$378,000
Remaining term (yrs)21.521.530.0
Secondary amount$0$143,226$0
Funding fee$0$0$0
Note rate4.440%4.440%7.400%
Blended rate5.290%6.317%7.640%
1st payment$1,407.44$1,407.44$2,617.20
2nd payment$0.00$954.84$0.00
Taxes / mo$330.92$330.92$330.92
Insurance / mo$150.00$150.00$150.00
MI / mo$198.15$198.15$75.60
HOA / mo$71.33$71.33$71.33
Total monthly$2,157.84$3,112.68$3,245.04
Cash to close$185,226$42,000$42,000