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$154,775$154,775$251,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$96,325$0
Funding fee$0$0$0
Note rate3.120%3.120%7.320%
Blended rate3.970%5.900%7.560%
1st payment$735.61$735.61$1,724.88
2nd payment$0.00$722.44$0.00
Taxes / mo$84.58$84.58$84.58
Insurance / mo$150.00$150.00$150.00
MI / mo$121.71$121.71$50.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,091.91$1,814.34$2,009.69
Cash to close$124,225$27,900$27,900