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$87,753$87,753$157,410
Remaining term (yrs)29.129.130.0
Secondary amount$0$69,657$0
Funding fee$0$0$0
Note rate6.270%6.270%7.400%
Blended rate6.820%7.785%7.640%
1st payment$546.20$546.20$1,089.88
2nd payment$0.00$522.43$0.00
Taxes / mo$15.75$15.75$15.75
Insurance / mo$150.00$150.00$150.00
MI / mo$40.57$40.57$31.48
HOA / mo$0.00$0.00$0.00
Total monthly$752.52$1,274.95$1,287.11
Cash to close$87,147$17,490$17,490