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$89,660$89,660$188,910
Remaining term (yrs)12.512.530.0
Secondary amount$0$99,250$0
Funding fee$0$0$0
Note rate5.920%5.920%7.400%
Blended rate6.770%7.942%7.640%
1st payment$839.80$839.80$1,307.97
2nd payment$0.00$744.37$0.00
Taxes / mo$178.17$178.17$178.17
Insurance / mo$150.00$150.00$150.00
MI / mo$100.07$100.07$37.78
HOA / mo$369.00$369.00$369.00
Total monthly$1,637.05$2,381.42$2,042.92
Cash to close$120,240$20,990$20,990