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$122,886$122,886$174,600
Remaining term (yrs)23.623.630.0
Secondary amount$0$51,714$0
Funding fee$0$0$0
Note rate3.230%3.230%7.400%
Blended rate4.080%5.537%7.640%
1st payment$618.05$618.05$1,208.90
2nd payment$0.00$387.86$0.00
Taxes / mo$244.83$244.83$244.83
Insurance / mo$150.00$150.00$150.00
MI / mo$100.85$100.85$34.92
HOA / mo$0.00$0.00$0.00
Total monthly$1,113.74$1,501.59$1,638.65
Cash to close$71,114$19,400$19,400