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$110,905$110,905$152,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$41,195$0
Funding fee$0$0$0
Note rate3.080%3.080%7.320%
Blended rate3.930%5.303%7.560%
1st payment$535.31$535.31$1,044.82
2nd payment$0.00$308.97$0.00
Taxes / mo$176.17$176.17$176.17
Insurance / mo$150.00$150.00$150.00
MI / mo$89.02$89.02$30.42
HOA / mo$0.00$0.00$0.00
Total monthly$950.50$1,259.47$1,401.41
Cash to close$58,095$16,900$16,900