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$114,178$114,178$224,100
Remaining term (yrs)10.510.530.0
Secondary amount$0$109,922$0
Funding fee$0$0$0
Note rate3.390%3.390%7.320%
Blended rate4.240%6.084%7.560%
1st payment$1,064.24$1,064.24$1,539.41
2nd payment$0.00$732.81$0.00
Taxes / mo$347.50$347.50$347.50
Insurance / mo$150.00$150.00$150.00
MI / mo$106.25$106.25$44.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,667.99$2,400.80$2,081.73
Cash to close$134,822$24,900$24,900