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$143,342$143,342$225,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$81,658$0
Funding fee$0$0$0
Note rate2.990%2.990%7.320%
Blended rate3.840%5.713%7.560%
1st payment$682.07$682.07$1,545.59
2nd payment$0.00$612.43$0.00
Taxes / mo$58.33$58.33$58.33
Insurance / mo$150.00$150.00$150.00
MI / mo$114.74$114.74$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,005.14$1,617.57$1,798.93
Cash to close$106,658$25,000$25,000