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$197,404$197,404$328,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$131,096$0
Funding fee$0$0$0
Note rate2.940%2.940%7.400%
Blended rate3.790%5.470%7.640%
1st payment$953.98$953.98$2,274.47
2nd payment$0.00$873.97$0.00
Taxes / mo$304.17$304.17$304.17
Insurance / mo$150.00$150.00$150.00
MI / mo$161.51$161.51$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,569.66$2,443.64$2,794.33
Cash to close$167,596$36,500$36,500