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$177,972$177,972$315,000
Remaining term (yrs)28.828.830.0
Secondary amount$0$137,028$0
Funding fee$0$0$0
Note rate4.550%4.550%7.400%
Blended rate5.100%6.362%7.640%
1st payment$923.07$923.07$2,181.00
2nd payment$0.00$913.52$0.00
Taxes / mo$128.08$128.08$128.08
Insurance / mo$150.00$150.00$150.00
MI / mo$83.01$83.01$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,284.17$2,197.69$2,522.08
Cash to close$172,028$35,000$35,000