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$31,881$31,881$166,500
Remaining term (yrs)15.815.830.0
Secondary amount$0$134,619$0
Funding fee$0$0$0
Note rate3.670%3.670%7.400%
Blended rate4.520%7.334%7.640%
1st payment$220.64$220.64$1,152.81
2nd payment$0.00$897.46$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$150.00$150.00$150.00
MI / mo$34.08$34.08$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$558.88$1,456.34$1,490.28
Cash to close$153,119$18,500$18,500