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$107,406$107,406$216,000
Remaining term (yrs)21.121.130.0
Secondary amount$0$108,594$0
Funding fee$0$0$0
Note rate3.880%3.880%7.320%
Blended rate4.730%6.374%7.560%
1st payment$619.08$619.08$1,483.77
2nd payment$0.00$723.96$0.00
Taxes / mo$514.92$514.92$514.92
Insurance / mo$150.00$150.00$150.00
MI / mo$93.20$93.20$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,377.19$2,101.15$2,191.89
Cash to close$132,594$24,000$24,000