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$88,930$88,930$270,000
Remaining term (yrs)14.714.730.0
Secondary amount$0$181,070$0
Funding fee$0$0$0
Note rate4.620%4.620%7.400%
Blended rate5.470%7.167%7.640%
1st payment$691.12$691.12$1,869.43
2nd payment$0.00$1,207.14$0.00
Taxes / mo$228.92$228.92$228.92
Insurance / mo$150.00$150.00$150.00
MI / mo$95.27$95.27$54.00
HOA / mo$41.67$41.67$41.67
Total monthly$1,206.98$2,414.11$2,344.01
Cash to close$211,070$30,000$30,000