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$278,266$278,266$382,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$104,234$0
Funding fee$0$0$0
Note rate5.300%5.300%7.400%
Blended rate6.150%6.654%7.640%
1st payment$1,649.87$1,649.87$2,648.35
2nd payment$0.00$694.90$0.00
Taxes / mo$174.58$174.58$174.58
Insurance / mo$150.00$150.00$150.00
MI / mo$210.45$210.45$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,184.90$2,879.80$3,049.44
Cash to close$146,734$42,500$42,500