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$189,018$189,018$305,100
Remaining term (yrs)22.922.930.0
Secondary amount$0$116,082$0
Funding fee$0$0$0
Note rate3.750%3.750%7.320%
Blended rate4.600%5.894%7.560%
1st payment$1,023.13$1,023.13$2,095.83
2nd payment$0.00$773.88$0.00
Taxes / mo$200.58$200.58$200.58
Insurance / mo$150.00$150.00$150.00
MI / mo$156.49$156.49$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,530.20$2,304.08$2,507.43
Cash to close$149,982$33,900$33,900