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$147,307$147,307$269,010
Remaining term (yrs)23.323.330.0
Secondary amount$0$121,703$0
Funding fee$0$0$0
Note rate3.720%3.720%7.320%
Blended rate4.570%6.122%7.560%
1st payment$786.05$786.05$1,847.91
2nd payment$0.00$811.36$0.00
Taxes / mo$213.42$213.42$213.42
Insurance / mo$150.00$150.00$150.00
MI / mo$120.67$120.67$53.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,270.13$2,081.49$2,265.13
Cash to close$151,593$29,890$29,890