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$145,564$145,564$242,910
Remaining term (yrs)21.821.830.0
Secondary amount$0$97,346$0
Funding fee$0$0$0
Note rate4.540%4.540%7.400%
Blended rate5.390%6.837%7.640%
1st payment$874.73$874.73$1,681.86
2nd payment$0.00$730.10$0.00
Taxes / mo$304.67$304.67$304.67
Insurance / mo$150.00$150.00$150.00
MI / mo$121.71$121.71$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,451.11$2,181.20$2,185.11
Cash to close$124,336$26,990$26,990