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$121,900$121,900$152,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$31,010$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%4.679%7.640%
1st payment$567.73$567.73$1,058.72
2nd payment$0.00$232.58$0.00
Taxes / mo$234.42$234.42$234.42
Insurance / mo$150.00$150.00$150.00
MI / mo$98.76$98.76$30.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,050.90$1,283.48$1,473.72
Cash to close$48,000$16,990$16,990