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$108,733$108,733$184,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$75,767$0
Funding fee$0$0$0
Note rate2.930%2.930%7.320%
Blended rate3.780%5.924%7.560%
1st payment$512.83$512.83$1,267.39
2nd payment$0.00$568.25$0.00
Taxes / mo$394.58$394.58$394.58
Insurance / mo$150.00$150.00$150.00
MI / mo$86.94$86.94$36.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,144.35$1,712.61$1,848.87
Cash to close$96,267$20,500$20,500