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$118,249$118,249$229,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$111,251$0
Funding fee$0$0$0
Note rate3.020%3.020%7.320%
Blended rate3.870%5.872%7.560%
1st payment$567.07$567.07$1,576.51
2nd payment$0.00$741.67$0.00
Taxes / mo$79.50$79.50$79.50
Insurance / mo$150.00$150.00$150.00
MI / mo$95.03$95.03$45.90
HOA / mo$810.00$810.00$810.00
Total monthly$1,701.60$2,443.27$2,661.91
Cash to close$136,751$25,500$25,500