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$169,146$169,146$301,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$132,354$0
Funding fee$0$0$0
Note rate3.160%3.160%7.400%
Blended rate4.010%5.762%7.640%
1st payment$840.60$840.60$2,087.53
2nd payment$0.00$882.36$0.00
Taxes / mo$279.17$279.17$279.17
Insurance / mo$150.00$150.00$150.00
MI / mo$138.38$138.38$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,408.15$2,290.50$2,576.99
Cash to close$165,854$33,500$33,500