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$141,772$141,772$179,999
Remaining term (yrs)21.421.430.0
Secondary amount$0$38,227$0
Funding fee$0$0$0
Note rate3.990%3.990%7.320%
Blended rate4.840%5.723%7.560%
1st payment$819.35$819.35$1,236.47
2nd payment$0.00$286.70$0.00
Taxes / mo$219.67$219.67$219.67
Insurance / mo$150.00$150.00$150.00
MI / mo$121.71$121.71$36.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,310.73$1,597.43$1,642.14
Cash to close$58,227$20,000$20,000