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$114,619$114,619$175,410
Remaining term (yrs)23.323.330.0
Secondary amount$0$60,791$0
Funding fee$0$0$0
Note rate3.720%3.720%7.320%
Blended rate4.570%6.105%7.560%
1st payment$611.62$611.62$1,204.95
2nd payment$0.00$455.93$0.00
Taxes / mo$284.67$284.67$284.67
Insurance / mo$150.00$150.00$150.00
MI / mo$93.89$93.89$35.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,140.18$1,596.11$1,674.69
Cash to close$80,281$19,490$19,490