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$179,606$179,606$242,100
Remaining term (yrs)34.534.530.0
Secondary amount$0$62,494$0
Funding fee$0$0$0
Note rate2.390%2.390%7.400%
Blended rate3.240%4.727%7.640%
1st payment$635.43$635.43$1,676.25
2nd payment$0.00$468.70$0.00
Taxes / mo$323.63$323.63$323.63
Insurance / mo$150.00$150.00$150.00
MI / mo$139.03$139.03$48.42
HOA / mo$333.33$333.33$333.33
Total monthly$1,581.41$2,050.12$2,531.63
Cash to close$89,394$26,900$26,900