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$149,177$149,177$170,100
Remaining term (yrs)28.028.030.0
Secondary amount$0$30,373$0
Funding fee$0$0$0
Note rate6.120%6.120%7.400%
Blended rate6.670%7.550%7.640%
1st payment$926.87$926.87$1,177.74
2nd payment$0.00$300.56$0.00
Taxes / mo$44.42$44.42$44.42
Insurance / mo$150.00$150.00$150.00
MI / mo$69.95$69.95$34.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,191.24$1,491.80$1,406.17
Cash to close$39,823$9,450$18,900