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$161,706$161,706$231,300
Remaining term (yrs)24.324.330.0
Secondary amount$0$69,594$0
Funding fee$0$0$0
Note rate2.680%2.680%7.400%
Blended rate3.530%5.176%7.640%
1st payment$752.62$752.62$1,601.47
2nd payment$0.00$521.95$0.00
Taxes / mo$255.08$255.08$255.08
Insurance / mo$150.00$150.00$150.00
MI / mo$131.78$131.78$46.26
HOA / mo$37.50$37.50$37.50
Total monthly$1,326.98$1,848.94$2,090.32
Cash to close$95,294$25,700$25,700