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$175,409$175,409$319,500
Remaining term (yrs)21.921.930.0
Secondary amount$0$144,091$0
Funding fee$0$0$0
Note rate4.550%4.550%7.400%
Blended rate5.400%6.573%7.640%
1st payment$1,050.40$1,050.40$2,212.15
2nd payment$0.00$960.61$0.00
Taxes / mo$295.83$295.83$295.83
Insurance / mo$150.00$150.00$150.00
MI / mo$145.99$145.99$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,642.21$2,602.82$2,721.89
Cash to close$179,591$35,500$35,500