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$183,553$183,553$274,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$90,947$0
Funding fee$0$0$0
Note rate2.870%2.870%7.400%
Blended rate3.720%5.469%7.640%
1st payment$878.34$878.34$1,900.58
2nd payment$0.00$682.10$0.00
Taxes / mo$379.42$379.42$379.42
Insurance / mo$150.00$150.00$150.00
MI / mo$150.05$150.05$54.90
HOA / mo$126.67$126.67$126.67
Total monthly$1,684.48$2,366.58$2,611.57
Cash to close$121,447$30,500$30,500