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$163,879$163,879$258,300
Remaining term (yrs)23.923.930.0
Secondary amount$0$94,421$0
Funding fee$0$0$0
Note rate2.980%2.980%7.320%
Blended rate3.830%5.720%7.560%
1st payment$797.23$797.23$1,774.34
2nd payment$0.00$708.16$0.00
Taxes / mo$311.42$311.42$311.42
Insurance / mo$150.00$150.00$150.00
MI / mo$134.29$134.29$51.66
HOA / mo$0.00$0.00$0.00
Total monthly$1,392.94$2,101.10$2,287.42
Cash to close$123,121$28,700$28,700