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$162,991$162,991$301,500
Remaining term (yrs)21.521.530.0
Secondary amount$0$138,509$0
Funding fee$0$0$0
Note rate4.400%4.400%7.320%
Blended rate5.250%6.513%7.560%
1st payment$973.54$973.54$2,071.10
2nd payment$0.00$923.39$0.00
Taxes / mo$437.08$437.08$437.08
Insurance / mo$150.00$150.00$150.00
MI / mo$137.71$137.71$60.30
HOA / mo$19.25$19.25$19.25
Total monthly$1,717.59$2,640.98$2,737.73
Cash to close$172,009$33,500$33,500