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$107,155$107,155$206,100
Remaining term (yrs)22.822.830.0
Secondary amount$0$98,945$0
Funding fee$0$0$0
Note rate3.820%3.820%7.400%
Blended rate4.670%6.749%7.640%
1st payment$585.37$585.37$1,426.99
2nd payment$0.00$742.09$0.00
Taxes / mo$133.92$133.92$133.92
Insurance / mo$150.00$150.00$150.00
MI / mo$88.77$88.77$41.22
HOA / mo$0.00$0.00$0.00
Total monthly$958.05$1,700.14$1,752.13
Cash to close$121,845$22,900$22,900