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$143,260$143,260$193,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$50,240$0
Funding fee$0$0$0
Note rate3.030%3.030%7.320%
Blended rate3.880%5.209%7.560%
1st payment$702.29$702.29$1,329.21
2nd payment$0.00$376.80$0.00
Taxes / mo$76.33$76.33$76.33
Insurance / mo$150.00$150.00$150.00
MI / mo$117.54$117.54$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,046.16$1,422.96$1,594.24
Cash to close$71,740$21,500$21,500