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$185,725$185,725$252,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$66,275$0
Funding fee$0$0$0
Note rate3.060%3.060%7.320%
Blended rate3.910%5.249%7.560%
1st payment$890.50$890.50$1,731.07
2nd payment$0.00$497.06$0.00
Taxes / mo$116.83$116.83$116.83
Insurance / mo$150.00$150.00$150.00
MI / mo$148.47$148.47$50.40
HOA / mo$360.00$360.00$360.00
Total monthly$1,665.80$2,162.87$2,408.30
Cash to close$94,275$28,000$28,000