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$99,362$99,362$148,500
Remaining term (yrs)15.215.230.0
Secondary amount$0$49,138$0
Funding fee$0$0$0
Note rate3.050%3.050%7.400%
Blended rate3.900%5.588%7.640%
1st payment$676.76$676.76$1,028.18
2nd payment$0.00$368.53$0.00
Taxes / mo$297.42$297.42$297.42
Insurance / mo$150.00$150.00$150.00
MI / mo$86.05$86.05$29.70
HOA / mo$357.00$357.00$357.00
Total monthly$1,567.23$1,935.76$1,862.30
Cash to close$65,638$16,500$16,500