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$107,924$107,924$242,910
Remaining term (yrs)17.717.730.0
Secondary amount$0$134,986$0
Funding fee$0$0$0
Note rate4.120%4.120%7.400%
Blended rate4.970%6.654%7.640%
1st payment$712.90$712.90$1,681.86
2nd payment$0.00$899.91$0.00
Taxes / mo$372.17$372.17$372.17
Insurance / mo$150.00$150.00$150.00
MI / mo$104.26$104.26$48.58
HOA / mo$421.00$421.00$421.00
Total monthly$1,760.32$2,660.23$2,673.61
Cash to close$161,976$26,990$26,990