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$186,306$186,306$238,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$52,194$0
Funding fee$0$0$0
Note rate2.740%2.740%7.320%
Blended rate3.590%4.774%7.560%
1st payment$870.71$870.71$1,638.33
2nd payment$0.00$391.46$0.00
Taxes / mo$149.92$149.92$149.92
Insurance / mo$150.00$150.00$150.00
MI / mo$151.27$151.27$47.70
HOA / mo$385.00$385.00$385.00
Total monthly$1,706.90$2,098.35$2,370.95
Cash to close$78,694$26,500$26,500