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$205,032$205,032$224,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$31,518$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.996%7.640%
1st payment$1,363.99$1,363.99$1,551.62
2nd payment$0.00$311.90$0.00
Taxes / mo$83.75$83.75$83.75
Insurance / mo$150.00$150.00$150.00
MI / mo$95.41$95.41$44.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,693.14$2,005.04$1,830.19
Cash to close$43,968$12,450$24,900