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$136,158$136,158$166,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$30,342$0
Funding fee$0$0$0
Note rate4.000%4.000%7.320%
Blended rate4.850%5.606%7.560%
1st payment$707.84$707.84$1,143.74
2nd payment$0.00$227.57$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$150.00$150.00$150.00
MI / mo$105.02$105.02$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,117.03$1,344.59$1,481.21
Cash to close$48,842$18,500$18,500