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$184,100$184,100$260,550
Remaining term (yrs)24.324.330.0
Secondary amount$0$76,450$0
Funding fee$0$0$0
Note rate2.840%2.840%7.320%
Blended rate3.690%5.248%7.560%
1st payment$871.87$871.87$1,789.80
2nd payment$0.00$573.37$0.00
Taxes / mo$207.58$207.58$207.58
Insurance / mo$150.00$150.00$150.00
MI / mo$149.53$149.53$52.11
HOA / mo$131.00$131.00$131.00
Total monthly$1,509.98$2,083.35$2,330.49
Cash to close$105,400$28,950$28,950