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$126,241$126,241$179,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$53,669$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%5.379%7.640%
1st payment$611.89$611.89$1,245.66
2nd payment$0.00$402.52$0.00
Taxes / mo$119.92$119.92$119.92
Insurance / mo$150.00$150.00$150.00
MI / mo$102.93$102.93$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$984.74$1,387.25$1,551.56
Cash to close$73,659$19,990$19,990