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$158,260$158,260$207,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$48,740$0
Funding fee$0$0$0
Note rate3.100%3.100%7.320%
Blended rate3.950%5.139%7.560%
1st payment$750.51$750.51$1,421.95
2nd payment$0.00$365.55$0.00
Taxes / mo$191.67$191.67$191.67
Insurance / mo$150.00$150.00$150.00
MI / mo$124.49$124.49$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,216.67$1,582.22$1,805.01
Cash to close$71,740$23,000$23,000