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$82,995$82,995$234,000
Remaining term (yrs)7.57.530.0
Secondary amount$0$151,005$0
Funding fee$0$0$0
Note rate3.800%3.800%7.400%
Blended rate4.650%6.812%7.640%
1st payment$1,041.32$1,041.32$1,620.17
2nd payment$0.00$1,006.70$0.00
Taxes / mo$119.37$119.37$119.37
Insurance / mo$150.00$150.00$150.00
MI / mo$101.08$101.08$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,411.77$2,418.47$1,936.34
Cash to close$177,005$26,000$26,000