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$129,010$129,010$252,000
Remaining term (yrs)19.919.930.0
Secondary amount$0$122,990$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%6.106%7.640%
1st payment$744.89$744.89$1,744.80
2nd payment$0.00$819.93$0.00
Taxes / mo$361.42$361.42$361.42
Insurance / mo$150.00$150.00$150.00
MI / mo$118.24$118.24$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,374.55$2,194.48$2,306.61
Cash to close$150,990$28,000$28,000