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$80,534$80,534$368,100
Remaining term (yrs)11.511.530.0
Secondary amount$0$287,566$0
Funding fee$0$0$0
Note rate5.820%5.820%7.320%
Blended rate6.670%7.514%7.560%
1st payment$793.81$793.81$2,528.59
2nd payment$0.00$1,857.20$0.00
Taxes / mo$231.50$231.50$231.50
Insurance / mo$150.00$150.00$150.00
MI / mo$95.62$95.62$73.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,270.93$3,128.13$2,983.71
Cash to close$328,466$40,900$40,900