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$148,095$148,095$220,492
Remaining term (yrs)29.629.630.0
Secondary amount$0$72,397$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.690%7.640%
1st payment$938.62$938.62$1,526.64
2nd payment$0.00$542.98$0.00
Taxes / mo$276.25$276.25$276.25
Insurance / mo$150.00$150.00$150.00
MI / mo$68.06$68.06$44.10
HOA / mo$165.00$165.00$165.00
Total monthly$1,597.93$2,140.91$2,161.99
Cash to close$96,896$24,499$24,499