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$183,852$183,852$261,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$77,148$0
Funding fee$0$0$0
Note rate3.130%3.130%7.320%
Blended rate3.980%5.464%7.560%
1st payment$908.69$908.69$1,792.89
2nd payment$0.00$578.61$0.00
Taxes / mo$185.33$185.33$185.33
Insurance / mo$150.00$150.00$150.00
MI / mo$150.16$150.16$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,394.18$1,972.79$2,180.42
Cash to close$106,148$29,000$29,000