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$151,740$151,740$260,100
Remaining term (yrs)23.223.230.0
Secondary amount$0$108,360$0
Funding fee$0$0$0
Note rate3.750%3.750%7.400%
Blended rate4.600%6.016%7.640%
1st payment$813.96$813.96$1,800.88
2nd payment$0.00$722.40$0.00
Taxes / mo$193.75$193.75$193.75
Insurance / mo$150.00$150.00$150.00
MI / mo$124.49$124.49$52.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,282.20$2,004.60$2,196.65
Cash to close$137,260$28,900$28,900