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$11,655$11,655$106,470
Remaining term (yrs)28.528.530.0
Secondary amount$0$94,815$0
Funding fee$0$0$0
Note rate6.760%6.760%7.400%
Blended rate7.310%8.815%7.640%
1st payment$76.78$76.78$737.18
2nd payment$0.00$711.11$0.00
Taxes / mo$157.00$157.00$157.00
Insurance / mo$150.00$150.00$150.00
MI / mo$5.42$5.42$21.29
HOA / mo$0.00$0.00$0.00
Total monthly$389.20$1,100.31$1,065.47
Cash to close$106,645$11,830$11,830