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$245,241$245,241$765,000
Remaining term (yrs)21.321.330.0
Secondary amount$0$519,759$0
Funding fee$0$0$0
Note rate4.400%4.400%7.400%
Blended rate5.250%6.949%7.640%
1st payment$1,475.07$1,475.07$5,296.71
2nd payment$0.00$3,356.77$0.00
Taxes / mo$191.50$191.50$191.50
Insurance / mo$216.67$216.67$216.67
MI / mo$208.65$208.65$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,091.89$5,448.66$5,857.87
Cash to close$604,759$85,000$85,000