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$82,061$82,061$242,910
Remaining term (yrs)19.319.330.0
Secondary amount$0$160,849$0
Funding fee$0$0$0
Note rate0.550%0.550%7.320%
Blended rate1.400%5.770%7.560%
1st payment$369.91$369.91$1,668.62
2nd payment$0.00$1,072.33$0.00
Taxes / mo$298.13$298.13$298.13
Insurance / mo$150.00$150.00$150.00
MI / mo$86.94$86.94$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$904.97$1,977.30$2,165.33
Cash to close$187,839$26,990$26,990