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$166,254$166,254$274,500
Remaining term (yrs)21.921.930.0
Secondary amount$0$108,246$0
Funding fee$0$0$0
Note rate4.530%4.530%7.320%
Blended rate5.380%6.413%7.560%
1st payment$995.93$995.93$1,885.62
2nd payment$0.00$721.64$0.00
Taxes / mo$101.42$101.42$101.42
Insurance / mo$150.00$150.00$150.00
MI / mo$138.74$138.74$54.90
HOA / mo$59.00$59.00$59.00
Total monthly$1,445.09$2,166.73$2,250.94
Cash to close$138,746$30,500$30,500