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$133,925$133,925$225,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$91,075$0
Funding fee$0$0$0
Note rate2.810%2.810%7.320%
Blended rate3.660%5.822%7.560%
1st payment$629.21$629.21$1,545.59
2nd payment$0.00$683.07$0.00
Taxes / mo$194.67$194.67$194.67
Insurance / mo$150.00$150.00$150.00
MI / mo$108.33$108.33$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,082.20$1,765.27$1,935.26
Cash to close$116,075$25,000$25,000