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$81,770$81,770$202,500
Remaining term (yrs)20.920.930.0
Secondary amount$0$120,730$0
Funding fee$0$0$0
Note rate4.750%4.750%7.320%
Blended rate5.600%7.031%7.560%
1st payment$512.20$512.20$1,391.03
2nd payment$0.00$804.87$0.00
Taxes / mo$67.75$67.75$67.75
Insurance / mo$150.00$150.00$150.00
MI / mo$69.55$69.55$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$799.49$1,604.36$1,649.28
Cash to close$143,230$22,500$22,500