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$109,867$109,867$234,000
Remaining term (yrs)15.715.730.0
Secondary amount$0$124,133$0
Funding fee$0$0$0
Note rate3.800%3.800%7.320%
Blended rate4.650%6.427%7.560%
1st payment$770.43$770.43$1,607.42
2nd payment$0.00$827.56$0.00
Taxes / mo$259.33$259.33$259.33
Insurance / mo$150.00$150.00$150.00
MI / mo$117.12$117.12$46.80
HOA / mo$350.00$350.00$350.00
Total monthly$1,646.88$2,474.44$2,413.55
Cash to close$150,133$26,000$26,000