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$70,312$70,312$206,910
Remaining term (yrs)17.117.130.0
Secondary amount$0$136,598$0
Funding fee$0$0$0
Note rate4.120%4.120%7.320%
Blended rate4.970%6.970%7.560%
1st payment$475.11$475.11$1,421.33
2nd payment$0.00$910.66$0.00
Taxes / mo$221.00$221.00$221.00
Insurance / mo$150.00$150.00$150.00
MI / mo$69.48$69.48$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$915.59$1,826.24$1,833.71
Cash to close$159,588$22,990$22,990