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$0$0$72,000
Remaining term (yrs)——30.0
Secondary amount$0$72,000$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%9.000%7.640%
1st payment$0.00$0.00$498.51
2nd payment$0.00$540.00$0.00
Taxes / mo$66.67$66.67$66.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$14.40
HOA / mo$0.00$0.00$0.00
Total monthly$216.67$756.67$729.58
Cash to close$80,000$8,000$8,000