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$100,044$100,044$220,500
Remaining term (yrs)28.328.330.0
Secondary amount$0$120,456$0
Funding fee$0$0$0
Note rate6.890%6.890%7.320%
Blended rate7.440%7.746%7.560%
1st payment$669.45$669.45$1,514.68
2nd payment$0.00$803.04$0.00
Taxes / mo$96.58$96.58$96.58
Insurance / mo$150.00$150.00$150.00
MI / mo$46.64$46.64$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$962.66$1,765.70$1,805.37
Cash to close$144,956$24,500$24,500