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$145,759$145,759$206,999
Remaining term (yrs)22.222.230.0
Secondary amount$0$61,240$0
Funding fee$0$0$0
Note rate4.870%4.870%7.320%
Blended rate5.720%6.690%7.560%
1st payment$893.24$893.24$1,421.94
2nd payment$0.00$459.30$0.00
Taxes / mo$271.67$271.67$271.67
Insurance / mo$150.00$150.00$150.00
MI / mo$119.63$119.63$41.40
HOA / mo$200.00$200.00$200.00
Total monthly$1,634.53$2,093.83$2,085.01
Cash to close$84,240$23,000$23,000