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$127,013$127,013$215,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$88,897$0
Funding fee$0$0$0
Note rate3.210%3.210%7.400%
Blended rate4.060%6.094%7.640%
1st payment$634.52$634.52$1,494.92
2nd payment$0.00$666.73$0.00
Taxes / mo$280.92$280.92$280.92
Insurance / mo$150.00$150.00$150.00
MI / mo$103.80$103.80$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,169.23$1,835.97$1,969.02
Cash to close$112,887$23,990$23,990