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$266,708$266,708$468,000
Remaining term (yrs)22.822.830.0
Secondary amount$0$201,292$0
Funding fee$0$0$0
Note rate3.770%3.770%7.320%
Blended rate4.620%5.966%7.560%
1st payment$1,446.51$1,446.51$3,214.84
2nd payment$0.00$1,300.01$0.00
Taxes / mo$478.42$478.42$478.42
Insurance / mo$166.67$166.67$166.67
MI / mo$220.70$220.70$93.60
HOA / mo$197.00$197.00$197.00
Total monthly$2,509.30$3,809.31$4,150.52
Cash to close$253,292$52,000$52,000