Dan Frey Home Loans
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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$76,599$76,599$252,000
Remaining term (yrs)13.013.030.0
Secondary amount$0$175,401$0
Funding fee$0$0$0
Note rate4.000%4.000%7.400%
Blended rate4.850%7.043%7.640%
1st payment$624.42$624.42$1,744.80
2nd payment$0.00$1,169.34$0.00
Taxes / mo$249.92$249.92$249.92
Insurance / mo$150.00$150.00$150.00
MI / mo$92.64$92.64$50.40
HOA / mo$362.00$362.00$362.00
Total monthly$1,478.98$2,648.31$2,557.11
Cash to close$203,401$28,000$28,000