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$116,653$116,653$252,000
Remaining term (yrs)21.221.230.0
Secondary amount$0$135,347$0
Funding fee$0$0$0
Note rate3.920%3.920%7.320%
Blended rate4.770%6.505%7.560%
1st payment$673.16$673.16$1,731.07
2nd payment$0.00$902.32$0.00
Taxes / mo$252.00$252.00$252.00
Insurance / mo$150.00$150.00$150.00
MI / mo$100.85$100.85$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,176.01$2,078.32$2,183.47
Cash to close$163,347$28,000$28,000