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$60,426$60,426$108,000
Remaining term (yrs)19.419.430.0
Secondary amount$0$47,574$0
Funding fee$0$0$0
Note rate3.720%3.720%7.400%
Blended rate4.570%6.521%7.640%
1st payment$362.45$362.45$747.77
2nd payment$0.00$356.80$0.00
Taxes / mo$92.92$92.92$92.92
Insurance / mo$150.00$150.00$150.00
MI / mo$55.64$55.64$21.60
HOA / mo$250.00$250.00$250.00
Total monthly$911.00$1,267.81$1,262.29
Cash to close$59,574$12,000$12,000