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$157,826$157,826$197,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$40,084$0
Funding fee$0$0$0
Note rate3.180%3.180%7.320%
Blended rate4.030%5.037%7.560%
1st payment$787.82$787.82$1,359.50
2nd payment$0.00$300.63$0.00
Taxes / mo$176.00$176.00$176.00
Insurance / mo$150.00$150.00$150.00
MI / mo$129.36$129.36$39.58
HOA / mo$310.00$310.00$310.00
Total monthly$1,553.19$1,853.81$2,035.09
Cash to close$62,074$21,990$21,990