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$189,500$189,500$310,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$121,000$0
Funding fee$0$0$0
Note rate3.890%3.890%7.400%
Blended rate4.740%6.010%7.640%
1st payment$975.46$975.46$2,149.84
2nd payment$0.00$806.67$0.00
Taxes / mo$299.33$299.33$299.33
Insurance / mo$150.00$150.00$150.00
MI / mo$146.67$146.67$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,571.46$2,378.13$2,661.27
Cash to close$155,500$34,500$34,500