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$157,779$157,779$270,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$112,221$0
Funding fee$0$0$0
Note rate2.940%2.940%7.320%
Blended rate3.790%5.540%7.560%
1st payment$748.38$748.38$1,854.71
2nd payment$0.00$748.14$0.00
Taxes / mo$79.83$79.83$79.83
Insurance / mo$150.00$150.00$150.00
MI / mo$126.71$126.71$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,104.92$1,853.06$2,138.55
Cash to close$142,221$30,000$30,000