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$203,792$203,792$296,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$92,308$0
Funding fee$0$0$0
Note rate2.360%2.360%7.400%
Blended rate3.210%5.015%7.640%
1st payment$906.62$906.62$2,050.14
2nd payment$0.00$692.31$0.00
Taxes / mo$274.17$274.17$274.17
Insurance / mo$150.00$150.00$150.00
MI / mo$165.56$165.56$59.22
HOA / mo$435.00$435.00$435.00
Total monthly$1,931.35$2,623.66$2,968.52
Cash to close$125,208$32,900$32,900