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$69,297$69,297$135,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$65,703$0
Funding fee$0$0$0
Note rate3.730%3.730%7.320%
Blended rate4.580%6.731%7.560%
1st payment$370.15$370.15$927.36
2nd payment$0.00$492.77$0.00
Taxes / mo$85.75$85.75$85.75
Insurance / mo$150.00$150.00$150.00
MI / mo$56.75$56.75$27.00
HOA / mo$0.00$0.00$0.00
Total monthly$662.65$1,155.43$1,190.11
Cash to close$80,703$15,000$15,000