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$138,311$138,311$351,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$212,689$0
Funding fee$0$0$0
Note rate2.900%2.900%7.320%
Blended rate3.750%6.174%7.560%
1st payment$662.40$662.40$2,411.13
2nd payment$0.00$1,373.62$0.00
Taxes / mo$214.08$214.08$214.08
Insurance / mo$150.00$150.00$150.00
MI / mo$112.73$112.73$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,139.21$2,512.83$2,845.41
Cash to close$251,689$39,000$39,000