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$150,710$150,710$252,000
Remaining term (yrs)19.519.530.0
Secondary amount$0$101,290$0
Funding fee$0$0$0
Note rate3.590%3.590%7.320%
Blended rate4.440%5.871%7.560%
1st payment$891.27$891.27$1,731.07
2nd payment$0.00$675.26$0.00
Taxes / mo$327.08$327.08$327.08
Insurance / mo$150.00$150.00$150.00
MI / mo$139.03$139.03$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,507.38$2,182.64$2,258.55
Cash to close$129,290$28,000$28,000