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$112,383$112,383$337,500
Remaining term (yrs)13.613.630.0
Secondary amount$0$225,117$0
Funding fee$0$0$0
Note rate5.210%5.210%7.320%
Blended rate6.060%7.187%7.560%
1st payment$955.37$955.37$2,318.39
2nd payment$0.00$1,453.88$0.00
Taxes / mo$198.25$198.25$198.25
Insurance / mo$150.00$150.00$150.00
MI / mo$123.10$123.10$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,426.72$2,880.60$2,734.14
Cash to close$262,617$37,500$37,500