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$112,659$112,659$189,000
Remaining term (yrs)13.313.330.0
Secondary amount$0$76,341$0
Funding fee$0$0$0
Note rate3.490%3.490%7.320%
Blended rate4.340%6.222%7.560%
1st payment$877.30$877.30$1,298.30
2nd payment$0.00$572.56$0.00
Taxes / mo$41.08$41.08$41.08
Insurance / mo$150.00$150.00$150.00
MI / mo$107.24$107.24$37.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,175.63$1,748.19$1,527.18
Cash to close$97,341$21,000$21,000