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$72,157$72,157$166,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$94,343$0
Funding fee$0$0$0
Note rate3.200%3.200%7.320%
Blended rate4.050%6.855%7.560%
1st payment$360.94$360.94$1,143.74
2nd payment$0.00$707.58$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$150.00$150.00$150.00
MI / mo$59.12$59.12$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$724.22$1,431.80$1,481.21
Cash to close$112,843$18,500$18,500