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$2,424$2,424$103,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$101,076$0
Funding fee$0$0$0
Note rate6.770%6.770%7.400%
Blended rate7.320%7.984%7.640%
1st payment$16.80$16.80$716.61
2nd payment$0.00$673.84$0.00
Taxes / mo$95.83$95.83$95.83
Insurance / mo$150.00$150.00$150.00
MI / mo$1.13$1.13$20.70
HOA / mo$0.00$0.00$0.00
Total monthly$263.76$937.60$983.15
Cash to close$112,576$11,500$11,500