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$92,258$92,258$166,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$74,242$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%6.124%7.640%
1st payment$436.56$436.56$1,152.81
2nd payment$0.00$556.82$0.00
Taxes / mo$42.42$42.42$42.42
Insurance / mo$150.00$150.00$150.00
MI / mo$73.72$73.72$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$702.70$1,259.52$1,378.53
Cash to close$92,742$18,500$18,500