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$188,382$188,382$305,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$117,528$0
Funding fee$0$0$0
Note rate3.100%3.100%7.320%
Blended rate3.950%5.506%7.560%
1st payment$919.57$919.57$2,101.39
2nd payment$0.00$783.52$0.00
Taxes / mo$309.58$309.58$309.58
Insurance / mo$150.00$150.00$150.00
MI / mo$149.41$149.41$61.18
HOA / mo$85.67$85.67$85.67
Total monthly$1,614.23$2,397.75$2,707.82
Cash to close$151,518$33,990$33,990