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$43,002$43,002$125,910
Remaining term (yrs)38.838.830.0
Secondary amount$0$82,908$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%8.440%7.640%
1st payment$262.74$262.74$871.78
2nd payment$0.00$621.81$0.00
Taxes / mo$181.67$181.67$181.67
Insurance / mo$150.00$150.00$150.00
MI / mo$19.82$19.82$25.18
HOA / mo$0.00$0.00$0.00
Total monthly$614.22$1,236.03$1,228.62
Cash to close$96,898$13,990$13,990