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$86,758$86,758$193,500
Remaining term (yrs)13.413.430.0
Secondary amount$0$106,742$0
Funding fee$0$0$0
Note rate4.200%4.200%7.400%
Blended rate5.050%6.677%7.640%
1st payment$702.55$702.55$1,339.75
2nd payment$0.00$711.62$0.00
Taxes / mo$108.08$108.08$108.08
Insurance / mo$150.00$150.00$150.00
MI / mo$87.98$87.98$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,048.61$1,760.23$1,636.54
Cash to close$128,242$21,500$21,500