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$139,486$139,486$188,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$48,614$0
Funding fee$0$0$0
Note rate2.800%2.800%7.400%
Blended rate3.650%5.033%7.640%
1st payment$665.69$665.69$1,302.37
2nd payment$0.00$364.61$0.00
Taxes / mo$385.00$385.00$385.00
Insurance / mo$150.00$150.00$150.00
MI / mo$114.76$114.76$37.62
HOA / mo$405.00$405.00$405.00
Total monthly$1,720.45$2,085.06$2,279.99
Cash to close$69,514$20,900$20,900