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$186,321$186,321$238,499
Remaining term (yrs)25.425.430.0
Secondary amount$0$52,178$0
Funding fee$0$0$0
Note rate3.920%3.920%7.320%
Blended rate4.770%5.695%7.560%
1st payment$962.18$962.18$1,638.32
2nd payment$0.00$391.34$0.00
Taxes / mo$181.50$181.50$181.50
Insurance / mo$150.00$150.00$150.00
MI / mo$144.15$144.15$47.70
HOA / mo$99.00$99.00$99.00
Total monthly$1,536.82$1,928.16$2,116.52
Cash to close$78,678$26,500$26,500