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$28,926$28,926$116,910
Remaining term (yrs)10.910.930.0
Secondary amount$0$87,984$0
Funding fee$0$0$0
Note rate6.730%6.730%7.400%
Blended rate7.580%8.649%7.640%
1st payment$310.75$310.75$809.46
2nd payment$0.00$659.88$0.00
Taxes / mo$98.17$98.17$98.17
Insurance / mo$150.00$150.00$150.00
MI / mo$34.01$34.01$23.38
HOA / mo$395.00$395.00$395.00
Total monthly$987.93$1,647.81$1,476.01
Cash to close$100,974$12,990$12,990