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$114,346$114,346$202,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$88,154$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%6.148%7.640%
1st payment$566.03$566.03$1,402.07
2nd payment$0.00$661.15$0.00
Taxes / mo$129.08$129.08$129.08
Insurance / mo$150.00$150.00$150.00
MI / mo$93.89$93.89$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$939.00$1,600.16$1,721.65
Cash to close$110,654$22,500$22,500