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$118,827$118,827$207,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$88,173$0
Funding fee$0$0$0
Note rate3.330%3.330%7.320%
Blended rate4.180%6.233%7.560%
1st payment$603.87$603.87$1,421.95
2nd payment$0.00$661.30$0.00
Taxes / mo$191.67$191.67$191.67
Insurance / mo$150.00$150.00$150.00
MI / mo$97.30$97.30$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,042.84$1,704.13$1,805.01
Cash to close$111,173$23,000$23,000