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$108,688$108,688$211,500
Remaining term (yrs)15.415.430.0
Secondary amount$0$102,812$0
Funding fee$0$0$0
Note rate3.920%3.920%7.320%
Blended rate4.770%6.340%7.560%
1st payment$777.62$777.62$1,452.86
2nd payment$0.00$685.42$0.00
Taxes / mo$119.75$119.75$119.75
Insurance / mo$150.00$150.00$150.00
MI / mo$91.53$91.53$42.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,138.91$1,824.32$1,764.91
Cash to close$126,312$23,500$23,500