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$106,989$106,989$449,100
Remaining term (yrs)12.212.230.0
Secondary amount$0$342,111$0
Funding fee$0$0$0
Note rate6.040%6.040%7.400%
Blended rate6.890%7.545%7.640%
1st payment$1,027.01$1,027.01$3,109.48
2nd payment$0.00$2,209.47$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$120.82$120.82$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,730.33$3,939.80$3,781.80
Cash to close$392,011$49,900$49,900