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$59,586$59,586$188,910
Remaining term (yrs)16.916.930.0
Secondary amount$0$129,324$0
Funding fee$0$0$0
Note rate4.620%4.620%7.320%
Blended rate5.470%7.202%7.560%
1st payment$422.19$422.19$1,297.68
2nd payment$0.00$862.16$0.00
Taxes / mo$337.42$337.42$337.42
Insurance / mo$150.00$150.00$150.00
MI / mo$58.20$58.20$37.78
HOA / mo$0.00$0.00$0.00
Total monthly$967.80$1,829.96$1,822.88
Cash to close$150,314$20,990$20,990