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$189,137$189,137$251,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$62,773$0
Funding fee$0$0$0
Note rate2.700%2.700%7.400%
Blended rate3.550%4.908%7.640%
1st payment$880.09$880.09$1,744.17
2nd payment$0.00$470.80$0.00
Taxes / mo$495.96$495.96$495.96
Insurance / mo$150.00$150.00$150.00
MI / mo$153.70$153.70$50.38
HOA / mo$16.00$16.00$16.00
Total monthly$1,695.75$2,166.55$2,456.52
Cash to close$90,763$27,990$27,990