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$46,311$46,311$171,000
Remaining term (yrs)15.815.830.0
Secondary amount$0$124,689$0
Funding fee$0$0$0
Note rate3.650%3.650%7.400%
Blended rate4.500%7.052%7.640%
1st payment$320.03$320.03$1,183.97
2nd payment$0.00$831.26$0.00
Taxes / mo$152.00$152.00$152.00
Insurance / mo$150.00$150.00$150.00
MI / mo$49.55$49.55$34.20
HOA / mo$0.00$0.00$0.00
Total monthly$671.59$1,502.85$1,520.17
Cash to close$143,689$19,000$19,000