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$187,224$187,224$292,410
Remaining term (yrs)25.125.130.0
Secondary amount$0$105,186$0
Funding fee$0$0$0
Note rate3.070%3.070%7.320%
Blended rate3.920%5.388%7.560%
1st payment$888.78$888.78$2,008.65
2nd payment$0.00$701.24$0.00
Taxes / mo$194.33$194.33$194.33
Insurance / mo$150.00$150.00$150.00
MI / mo$147.99$147.99$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,381.10$2,082.35$2,411.47
Cash to close$137,676$32,490$32,490