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$110,999$110,999$167,400
Remaining term (yrs)24.924.930.0
Secondary amount$0$56,401$0
Funding fee$0$0$0
Note rate2.770%2.770%7.400%
Blended rate3.620%5.433%7.640%
1st payment$512.00$512.00$1,159.04
2nd payment$0.00$423.01$0.00
Taxes / mo$217.50$217.50$217.50
Insurance / mo$150.00$150.00$150.00
MI / mo$88.61$88.61$33.48
HOA / mo$0.00$0.00$0.00
Total monthly$968.11$1,391.12$1,560.02
Cash to close$75,001$18,600$18,600