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$143,088$143,088$206,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$63,822$0
Funding fee$0$0$0
Note rate2.810%2.810%7.320%
Blended rate3.660%5.307%7.560%
1st payment$678.68$678.68$1,421.33
2nd payment$0.00$478.67$0.00
Taxes / mo$281.67$281.67$281.67
Insurance / mo$150.00$150.00$150.00
MI / mo$116.84$116.84$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,227.19$1,705.86$1,894.38
Cash to close$86,812$22,990$22,990