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$195,271$195,271$252,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$56,729$0
Funding fee$0$0$0
Note rate3.310%3.310%7.400%
Blended rate4.160%5.250%7.640%
1st payment$990.30$990.30$1,744.80
2nd payment$0.00$425.47$0.00
Taxes / mo$233.33$233.33$233.33
Insurance / mo$150.00$150.00$150.00
MI / mo$159.97$159.97$50.40
HOA / mo$25.83$25.83$25.83
Total monthly$1,559.43$1,984.89$2,204.36
Cash to close$84,729$28,000$28,000