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$148,078$148,078$207,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$58,922$0
Funding fee$0$0$0
Note rate3.180%3.180%7.400%
Blended rate4.030%5.445%7.640%
1st payment$739.16$739.16$1,433.23
2nd payment$0.00$441.91$0.00
Taxes / mo$301.33$301.33$301.33
Insurance / mo$150.00$150.00$150.00
MI / mo$121.37$121.37$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,311.87$1,753.78$1,925.96
Cash to close$81,922$23,000$23,000