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$83,427$83,427$223,200
Remaining term (yrs)15.815.830.0
Secondary amount$0$139,773$0
Funding fee$0$0$0
Note rate3.560%3.560%7.400%
Blended rate4.410%6.658%7.640%
1st payment$572.80$572.80$1,545.39
2nd payment$0.00$931.82$0.00
Taxes / mo$352.33$352.33$352.33
Insurance / mo$150.00$150.00$150.00
MI / mo$89.68$89.68$44.64
HOA / mo$0.00$0.00$0.00
Total monthly$1,164.82$2,096.63$2,092.37
Cash to close$164,573$24,800$24,800