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$193,765$193,765$242,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$48,335$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%4.774%7.640%
1st payment$903.75$903.75$1,676.25
2nd payment$0.00$362.51$0.00
Taxes / mo$275.33$275.33$275.33
Insurance / mo$150.00$150.00$150.00
MI / mo$154.39$154.39$48.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,483.48$1,845.99$2,150.00
Cash to close$75,235$26,900$26,900