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$122,940$122,940$287,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$164,970$0
Funding fee$0$0$0
Note rate3.330%3.330%7.320%
Blended rate4.180%6.369%7.560%
1st payment$626.21$626.21$1,977.74
2nd payment$0.00$1,099.80$0.00
Taxes / mo$87.75$87.75$87.75
Insurance / mo$150.00$150.00$150.00
MI / mo$100.90$100.90$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$964.87$2,064.66$2,273.07
Cash to close$196,960$31,990$31,990