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$46,703$46,703$89,910
Remaining term (yrs)10.410.430.0
Secondary amount$0$43,207$0
Funding fee$0$0$0
Note rate6.880%6.880%7.400%
Blended rate7.730%8.340%7.640%
1st payment$521.54$521.54$622.52
2nd payment$0.00$324.05$0.00
Taxes / mo$56.08$56.08$56.08
Insurance / mo$150.00$150.00$150.00
MI / mo$56.21$56.21$17.98
HOA / mo$302.00$302.00$302.00
Total monthly$1,085.83$1,409.88$1,148.58
Cash to close$53,197$9,990$9,990