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$87,758$87,758$175,410
Remaining term (yrs)17.517.530.0
Secondary amount$0$87,652$0
Funding fee$0$0$0
Note rate4.430%4.430%7.320%
Blended rate5.280%7.139%7.560%
1st payment$597.58$597.58$1,204.95
2nd payment$0.00$657.39$0.00
Taxes / mo$367.25$367.25$367.25
Insurance / mo$150.00$150.00$150.00
MI / mo$84.23$84.23$35.08
HOA / mo$283.33$283.33$283.33
Total monthly$1,482.39$2,139.78$2,040.61
Cash to close$107,142$19,490$19,490