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$137,090$137,090$270,000
Remaining term (yrs)20.820.830.0
Secondary amount$0$132,910$0
Funding fee$0$0$0
Note rate4.030%4.030%7.320%
Blended rate4.880%6.416%7.560%
1st payment$809.20$809.20$1,854.71
2nd payment$0.00$886.07$0.00
Taxes / mo$412.50$412.50$412.50
Insurance / mo$150.00$150.00$150.00
MI / mo$119.63$119.63$54.00
HOA / mo$33.33$33.33$33.33
Total monthly$1,524.66$2,410.72$2,504.54
Cash to close$162,910$30,000$30,000