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$125,521$125,521$189,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$63,479$0
Funding fee$0$0$0
Note rate2.810%2.810%7.400%
Blended rate3.660%5.454%7.640%
1st payment$588.34$588.34$1,308.60
2nd payment$0.00$476.10$0.00
Taxes / mo$106.33$106.33$106.33
Insurance / mo$150.00$150.00$150.00
MI / mo$101.29$101.29$37.80
HOA / mo$720.00$720.00$720.00
Total monthly$1,665.96$2,142.06$2,322.73
Cash to close$84,479$21,000$21,000