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$150,202$150,202$206,100
Remaining term (yrs)28.028.030.0
Secondary amount$0$55,898$0
Funding fee$0$0$0
Note rate6.090%6.090%7.320%
Blended rate6.640%7.280%7.560%
1st payment$930.38$930.38$1,415.76
2nd payment$0.00$419.23$0.00
Taxes / mo$186.00$186.00$186.00
Insurance / mo$150.00$150.00$150.00
MI / mo$70.44$70.44$41.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,336.82$1,756.06$1,792.98
Cash to close$78,798$22,900$22,900