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$156,663$156,663$238,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$81,837$0
Funding fee$0$0$0
Note rate2.960%2.960%7.320%
Blended rate3.810%5.591%7.560%
1st payment$741.33$741.33$1,638.33
2nd payment$0.00$613.78$0.00
Taxes / mo$278.08$278.08$278.08
Insurance / mo$150.00$150.00$150.00
MI / mo$125.19$125.19$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,294.60$1,908.38$2,114.11
Cash to close$108,337$26,500$26,500