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$94,957$94,957$441,000
Remaining term (yrs)12.312.330.0
Secondary amount$0$346,043$0
Funding fee$0$0$0
Note rate5.970%5.970%7.400%
Blended rate6.820%7.550%7.640%
1st payment$903.93$903.93$3,053.39
2nd payment$0.00$2,234.86$0.00
Taxes / mo$408.33$408.33$408.33
Insurance / mo$166.67$166.67$166.67
MI / mo$107.14$107.14$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,586.07$3,820.93$3,716.59
Cash to close$395,043$49,000$49,000