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$11,022$11,022$178,200
Remaining term (yrs)25.425.430.0
Secondary amount$0$167,178$0
Funding fee$0$0$0
Note rate2.360%2.360%7.320%
Blended rate3.210%7.704%7.560%
1st payment$47.97$47.97$1,224.11
2nd payment$0.00$1,114.52$0.00
Taxes / mo$207.08$207.08$207.08
Insurance / mo$150.00$150.00$150.00
MI / mo$8.76$8.76$35.64
HOA / mo$0.00$0.00$0.00
Total monthly$413.82$1,528.34$1,616.83
Cash to close$186,978$19,800$19,800