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$134,796$134,796$283,500
Remaining term (yrs)20.920.930.0
Secondary amount$0$148,704$0
Funding fee$0$0$0
Note rate3.970%3.970%7.400%
Blended rate4.820%6.488%7.640%
1st payment$789.35$789.35$1,962.90
2nd payment$0.00$991.36$0.00
Taxes / mo$262.50$262.50$262.50
Insurance / mo$150.00$150.00$150.00
MI / mo$117.54$117.54$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,319.39$2,310.74$2,432.10
Cash to close$180,204$31,500$31,500