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$51,696$51,696$207,000
Remaining term (yrs)17.017.030.0
Secondary amount$0$155,304$0
Funding fee$0$0$0
Note rate4.500%4.500%7.320%
Blended rate5.350%7.338%7.560%
1st payment$360.69$360.69$1,421.95
2nd payment$0.00$1,035.36$0.00
Taxes / mo$140.83$140.83$140.83
Insurance / mo$150.00$150.00$150.00
MI / mo$50.42$50.42$41.40
HOA / mo$398.00$398.00$398.00
Total monthly$1,099.95$2,135.30$2,152.18
Cash to close$178,304$23,000$23,000