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$148,841$148,841$256,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$107,659$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%5.569%7.640%
1st payment$705.91$705.91$1,775.95
2nd payment$0.00$717.73$0.00
Taxes / mo$259.28$259.28$259.28
Insurance / mo$150.00$150.00$150.00
MI / mo$119.21$119.21$51.30
HOA / mo$94.00$94.00$94.00
Total monthly$1,328.40$2,046.13$2,330.53
Cash to close$136,159$28,500$28,500