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$103,133$103,133$170,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$67,777$0
Funding fee$0$0$0
Note rate3.580%3.580%7.400%
Blended rate4.430%6.242%7.640%
1st payment$546.37$546.37$1,183.35
2nd payment$0.00$508.33$0.00
Taxes / mo$163.33$163.33$163.33
Insurance / mo$150.00$150.00$150.00
MI / mo$85.33$85.33$34.18
HOA / mo$0.00$0.00$0.00
Total monthly$945.03$1,453.37$1,530.86
Cash to close$86,767$18,990$18,990