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$97,941$97,941$260,999
Remaining term (yrs)19.419.430.0
Secondary amount$0$163,058$0
Funding fee$0$0$0
Note rate3.650%3.650%7.320%
Blended rate4.500%6.687%7.560%
1st payment$583.92$583.92$1,792.88
2nd payment$0.00$1,087.05$0.00
Taxes / mo$160.00$160.00$160.00
Insurance / mo$150.00$150.00$150.00
MI / mo$90.42$90.42$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$984.34$2,071.39$2,155.08
Cash to close$192,058$29,000$29,000