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$96,144$96,144$233,910
Remaining term (yrs)12.412.430.0
Secondary amount$0$137,766$0
Funding fee$0$0$0
Note rate5.100%5.100%7.320%
Blended rate5.950%7.157%7.560%
1st payment$864.03$864.03$1,606.80
2nd payment$0.00$918.44$0.00
Taxes / mo$217.58$217.58$217.58
Insurance / mo$150.00$150.00$150.00
MI / mo$112.72$112.72$46.78
HOA / mo$332.00$332.00$332.00
Total monthly$1,676.34$2,594.78$2,353.16
Cash to close$163,756$25,990$25,990