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$21,140$21,140$85,500
Remaining term (yrs)5.05.030.0
Secondary amount$0$64,360$0
Funding fee$0$0$0
Note rate7.500%7.500%7.400%
Blended rate8.350%8.839%7.640%
1st payment$412.33$412.33$591.98
2nd payment$0.00$482.70$0.00
Taxes / mo$31.33$31.33$31.33
Insurance / mo$150.00$150.00$150.00
MI / mo$41.77$41.77$17.10
HOA / mo$0.00$0.00$0.00
Total monthly$635.44$1,118.14$790.42
Cash to close$73,860$9,500$9,500