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$73,524$73,524$130,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$56,976$0
Funding fee$0$0$0
Note rate3.690%3.690%7.320%
Blended rate4.540%6.487%7.560%
1st payment$392.92$392.92$896.44
2nd payment$0.00$427.32$0.00
Taxes / mo$90.17$90.17$90.17
Insurance / mo$150.00$150.00$150.00
MI / mo$60.54$60.54$26.10
HOA / mo$0.00$0.00$0.00
Total monthly$693.63$1,120.95$1,162.71
Cash to close$71,476$14,500$14,500