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$54,049$54,049$193,500
Remaining term (yrs)13.113.130.0
Secondary amount$0$139,451$0
Funding fee$0$0$0
Note rate5.500%5.500%7.320%
Blended rate6.350%7.539%7.560%
1st payment$479.45$479.45$1,329.21
2nd payment$0.00$929.67$0.00
Taxes / mo$175.50$175.50$175.50
Insurance / mo$150.00$150.00$150.00
MI / mo$59.81$59.81$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$864.77$1,794.44$1,693.41
Cash to close$160,951$21,500$21,500