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$185,232$185,232$215,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$30,678$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%4.968%7.640%
1st payment$955.22$955.22$1,494.92
2nd payment$0.00$230.09$0.00
Taxes / mo$67.44$67.44$67.44
Insurance / mo$150.00$150.00$150.00
MI / mo$151.62$151.62$43.18
HOA / mo$19.67$19.67$19.67
Total monthly$1,343.95$1,574.03$1,775.21
Cash to close$54,668$23,990$23,990