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$102,941$102,941$234,000
Remaining term (yrs)20.420.430.0
Secondary amount$0$131,059$0
Funding fee$0$0$0
Note rate4.150%4.150%7.320%
Blended rate5.000%6.680%7.560%
1st payment$620.49$620.49$1,607.42
2nd payment$0.00$873.72$0.00
Taxes / mo$269.33$269.33$269.33
Insurance / mo$150.00$150.00$150.00
MI / mo$90.42$90.42$46.80
HOA / mo$23.00$23.00$23.00
Total monthly$1,153.23$2,026.96$2,096.55
Cash to close$157,059$26,000$26,000