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$128,802$128,802$148,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$27,948$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%5.199%7.640%
1st payment$601.39$601.39$1,028.18
2nd payment$0.00$276.57$0.00
Taxes / mo$222.47$222.47$222.47
Insurance / mo$150.00$150.00$150.00
MI / mo$102.34$102.34$29.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,076.21$1,352.78$1,430.36
Cash to close$36,198$8,250$16,500