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$180,725$180,725$256,410
Remaining term (yrs)27.427.430.0
Secondary amount$0$75,685$0
Funding fee$0$0$0
Note rate6.690%6.690%7.320%
Blended rate7.240%7.760%7.560%
1st payment$1,198.98$1,198.98$1,761.36
2nd payment$0.00$567.64$0.00
Taxes / mo$71.67$71.67$71.67
Insurance / mo$150.00$150.00$150.00
MI / mo$85.25$85.25$51.28
HOA / mo$686.00$686.00$686.00
Total monthly$2,191.90$2,759.54$2,720.31
Cash to close$104,175$28,490$28,490