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$56,539$56,539$179,100
Remaining term (yrs)17.917.930.0
Secondary amount$0$122,561$0
Funding fee$0$0$0
Note rate4.150%4.150%7.400%
Blended rate5.000%7.053%7.640%
1st payment$372.01$372.01$1,240.05
2nd payment$0.00$817.07$0.00
Taxes / mo$84.00$84.00$84.00
Insurance / mo$150.00$150.00$150.00
MI / mo$54.21$54.21$35.82
HOA / mo$123.00$123.00$123.00
Total monthly$783.22$1,600.29$1,632.87
Cash to close$142,461$19,900$19,900