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$57,885$57,885$199,350
Remaining term (yrs)14.714.730.0
Secondary amount$0$141,465$0
Funding fee$0$0$0
Note rate4.600%4.600%7.400%
Blended rate5.450%7.260%7.640%
1st payment$449.26$449.26$1,380.26
2nd payment$0.00$943.10$0.00
Taxes / mo$114.08$114.08$114.08
Insurance / mo$150.00$150.00$150.00
MI / mo$62.08$62.08$39.87
HOA / mo$0.00$0.00$0.00
Total monthly$775.42$1,718.52$1,684.21
Cash to close$163,615$22,150$22,150