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$90,630$90,630$159,840
Remaining term (yrs)23.723.730.0
Secondary amount$0$69,210$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%6.137%7.640%
1st payment$448.63$448.63$1,106.70
2nd payment$0.00$519.08$0.00
Taxes / mo$114.00$114.00$114.00
Insurance / mo$150.00$150.00$150.00
MI / mo$74.42$74.42$31.97
HOA / mo$0.00$0.00$0.00
Total monthly$787.05$1,306.12$1,402.67
Cash to close$86,970$17,760$17,760