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$162,578$162,578$306,000
Remaining term (yrs)22.422.430.0
Secondary amount$0$143,422$0
Funding fee$0$0$0
Note rate4.120%4.120%7.400%
Blended rate4.970%6.390%7.640%
1st payment$922.64$922.64$2,118.68
2nd payment$0.00$956.15$0.00
Taxes / mo$252.58$252.58$252.58
Insurance / mo$150.00$150.00$150.00
MI / mo$134.93$134.93$61.20
HOA / mo$75.00$75.00$75.00
Total monthly$1,535.15$2,491.29$2,657.47
Cash to close$177,422$34,000$34,000