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$111,280$111,280$431,910
Remaining term (yrs)12.112.130.0
Secondary amount$0$320,630$0
Funding fee$0$0$0
Note rate6.100%6.100%7.400%
Blended rate6.950%7.544%7.640%
1st payment$1,076.58$1,076.58$2,990.46
2nd payment$0.00$2,070.74$0.00
Taxes / mo$259.67$259.67$259.67
Insurance / mo$166.67$166.67$166.67
MI / mo$125.84$125.84$86.38
HOA / mo$68.33$68.33$68.33
Total monthly$1,697.08$3,767.82$3,571.50
Cash to close$368,620$47,990$47,990