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$97,353$97,353$179,100
Remaining term (yrs)21.321.330.0
Secondary amount$0$81,747$0
Funding fee$0$0$0
Note rate4.040%4.040%7.320%
Blended rate4.890%6.766%7.560%
1st payment$565.24$565.24$1,230.29
2nd payment$0.00$613.11$0.00
Taxes / mo$170.92$170.92$170.92
Insurance / mo$150.00$150.00$150.00
MI / mo$83.46$83.46$35.82
HOA / mo$0.00$0.00$0.00
Total monthly$969.62$1,582.72$1,587.03
Cash to close$101,647$19,900$19,900