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$153,175$153,175$243,000
Remaining term (yrs)22.122.130.0
Secondary amount$0$89,825$0
Funding fee$0$0$0
Note rate4.900%4.900%7.400%
Blended rate5.750%6.951%7.640%
1st payment$943.21$943.21$1,682.48
2nd payment$0.00$673.69$0.00
Taxes / mo$193.25$193.25$193.25
Insurance / mo$150.00$150.00$150.00
MI / mo$125.89$125.89$48.60
HOA / mo$53.33$53.33$53.33
Total monthly$1,465.68$2,139.37$2,127.66
Cash to close$116,825$27,000$27,000