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$181,833$181,833$225,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$43,167$0
Funding fee$0$0$0
Note rate3.450%3.450%7.320%
Blended rate4.300%5.202%7.560%
1st payment$937.69$937.69$1,545.59
2nd payment$0.00$323.76$0.00
Taxes / mo$326.03$326.03$326.03
Insurance / mo$150.00$150.00$150.00
MI / mo$148.84$148.84$45.00
HOA / mo$90.00$90.00$90.00
Total monthly$1,652.55$1,976.31$2,156.62
Cash to close$68,167$25,000$25,000