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$159,600$159,600$301,500
Remaining term (yrs)22.622.630.0
Secondary amount$0$141,900$0
Funding fee$0$0$0
Note rate4.170%4.170%7.320%
Blended rate5.020%6.423%7.560%
1st payment$906.06$906.06$2,071.10
2nd payment$0.00$946.00$0.00
Taxes / mo$94.33$94.33$94.33
Insurance / mo$150.00$150.00$150.00
MI / mo$131.71$131.71$60.30
HOA / mo$291.00$291.00$291.00
Total monthly$1,573.11$2,519.11$2,666.73
Cash to close$175,400$33,500$33,500