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$155,765$155,765$234,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$78,235$0
Funding fee$0$0$0
Note rate3.100%3.100%7.400%
Blended rate3.950%5.638%7.640%
1st payment$771.05$771.05$1,620.17
2nd payment$0.00$586.76$0.00
Taxes / mo$326.00$326.00$326.00
Insurance / mo$150.00$150.00$150.00
MI / mo$127.90$127.90$46.80
HOA / mo$19.25$19.25$19.25
Total monthly$1,394.21$1,980.97$2,162.22
Cash to close$104,235$26,000$26,000