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$123,848$123,848$184,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$60,652$0
Funding fee$0$0$0
Note rate2.940%2.940%7.320%
Blended rate3.790%5.503%7.560%
1st payment$587.44$587.44$1,267.39
2nd payment$0.00$454.89$0.00
Taxes / mo$140.33$140.33$140.33
Insurance / mo$150.00$150.00$150.00
MI / mo$99.46$99.46$36.90
HOA / mo$135.00$135.00$135.00
Total monthly$1,112.23$1,567.12$1,729.62
Cash to close$81,152$20,500$20,500