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$104,106$104,106$224,100
Remaining term (yrs)22.822.830.0
Secondary amount$0$119,994$0
Funding fee$0$0$0
Note rate3.820%3.820%7.320%
Blended rate4.670%6.453%7.560%
1st payment$568.71$568.71$1,539.41
2nd payment$0.00$799.96$0.00
Taxes / mo$281.33$281.33$281.33
Insurance / mo$150.00$150.00$150.00
MI / mo$86.24$86.24$44.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,086.28$1,886.24$2,015.56
Cash to close$144,894$24,900$24,900