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$119,263$119,263$211,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$92,237$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%8.098%7.640%
1st payment$793.40$793.40$1,464.38
2nd payment$0.00$691.78$0.00
Taxes / mo$136.08$136.08$136.08
Insurance / mo$150.00$150.00$150.00
MI / mo$55.50$55.50$42.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,134.98$1,826.76$1,792.77
Cash to close$115,737$23,500$23,500