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$143,946$143,946$197,910
Remaining term (yrs)22.922.930.0
Secondary amount$0$53,964$0
Funding fee$0$0$0
Note rate3.840%3.840%7.320%
Blended rate4.690%5.865%7.560%
1st payment$786.11$786.11$1,359.50
2nd payment$0.00$404.73$0.00
Taxes / mo$188.67$188.67$188.67
Insurance / mo$150.00$150.00$150.00
MI / mo$118.92$118.92$39.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,243.70$1,648.42$1,737.75
Cash to close$75,954$21,990$21,990