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$6,638$6,638$144,090
Remaining term (yrs)25.425.430.0
Secondary amount$0$137,452$0
Funding fee$0$0$0
Note rate6.770%6.770%7.400%
Blended rate7.320%7.969%7.640%
1st payment$45.55$45.55$997.65
2nd payment$0.00$916.35$0.00
Taxes / mo$168.08$168.08$168.08
Insurance / mo$150.00$150.00$150.00
MI / mo$3.14$3.14$28.82
HOA / mo$0.00$0.00$0.00
Total monthly$366.77$1,283.12$1,344.55
Cash to close$153,462$16,010$16,010