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$75,454$75,454$360,000
Remaining term (yrs)14.614.630.0
Secondary amount$0$284,546$0
Funding fee$0$0$0
Note rate4.800%4.800%7.400%
Blended rate5.650%7.310%7.640%
1st payment$595.68$595.68$2,492.57
2nd payment$0.00$1,837.69$0.00
Taxes / mo$333.33$333.33$333.33
Insurance / mo$150.00$150.00$150.00
MI / mo$80.42$80.42$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,159.43$2,997.13$3,047.90
Cash to close$324,546$40,000$40,000