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$185,375$185,375$252,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$66,625$0
Funding fee$0$0$0
Note rate2.960%2.960%7.320%
Blended rate3.810%5.182%7.560%
1st payment$879.19$879.19$1,731.07
2nd payment$0.00$499.69$0.00
Taxes / mo$152.00$152.00$152.00
Insurance / mo$150.00$150.00$150.00
MI / mo$148.47$148.47$50.40
HOA / mo$360.00$360.00$360.00
Total monthly$1,689.66$2,189.34$2,443.47
Cash to close$94,625$28,000$28,000