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$141,192$141,192$179,685
Remaining term (yrs)26.826.830.0
Secondary amount$0$38,493$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.711%7.640%
1st payment$954.75$954.75$1,244.10
2nd payment$0.00$288.70$0.00
Taxes / mo$133.17$133.17$133.17
Insurance / mo$150.00$150.00$150.00
MI / mo$67.05$67.05$35.94
HOA / mo$0.00$0.00$0.00
Total monthly$1,304.97$1,593.67$1,563.21
Cash to close$58,458$19,965$19,965