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$93,426$93,426$198,000
Remaining term (yrs)17.317.330.0
Secondary amount$0$104,574$0
Funding fee$0$0$0
Note rate6.610%6.610%7.320%
Blended rate7.160%7.604%7.560%
1st payment$753.74$753.74$1,360.12
2nd payment$0.00$697.16$0.00
Taxes / mo$203.00$203.00$203.00
Insurance / mo$150.00$150.00$150.00
MI / mo$45.94$45.94$39.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,152.68$1,849.84$1,752.72
Cash to close$126,574$22,000$22,000