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$133,572$133,572$215,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$82,338$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%5.734%7.640%
1st payment$639.17$639.17$1,494.92
2nd payment$0.00$617.54$0.00
Taxes / mo$116.25$116.25$116.25
Insurance / mo$150.00$150.00$150.00
MI / mo$109.19$109.19$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,014.61$1,632.15$1,804.35
Cash to close$106,328$23,990$23,990