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$105,867$105,867$467,100
Remaining term (yrs)13.613.630.0
Secondary amount$0$361,233$0
Funding fee$0$0$0
Note rate4.750%4.750%7.400%
Blended rate5.600%7.263%7.640%
1st payment$875.02$875.02$3,234.11
2nd payment$0.00$2,332.97$0.00
Taxes / mo$147.76$147.76$147.76
Insurance / mo$166.67$166.67$166.67
MI / mo$118.82$118.82$93.42
HOA / mo$22.92$22.92$22.92
Total monthly$1,331.18$3,664.14$3,664.87
Cash to close$413,133$51,900$51,900