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$98,869$98,869$216,000
Remaining term (yrs)19.919.930.0
Secondary amount$0$117,131$0
Funding fee$0$0$0
Note rate3.430%3.430%7.320%
Blended rate4.280%6.297%7.560%
1st payment$568.21$568.21$1,483.77
2nd payment$0.00$780.87$0.00
Taxes / mo$76.00$76.00$76.00
Insurance / mo$150.00$150.00$150.00
MI / mo$90.42$90.42$43.20
HOA / mo$328.00$328.00$328.00
Total monthly$1,212.62$1,993.49$2,080.97
Cash to close$141,131$24,000$24,000