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$131,172$131,172$215,910
Remaining term (yrs)22.222.230.0
Secondary amount$0$84,738$0
Funding fee$0$0$0
Note rate4.810%4.810%7.320%
Blended rate5.660%6.971%7.560%
1st payment$799.42$799.42$1,483.15
2nd payment$0.00$635.53$0.00
Taxes / mo$322.50$322.50$322.50
Insurance / mo$150.00$150.00$150.00
MI / mo$107.80$107.80$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,379.72$2,015.25$1,998.83
Cash to close$108,728$23,990$23,990