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$180,307$180,307$277,200
Remaining term (yrs)24.024.030.0
Secondary amount$0$96,893$0
Funding fee$0$0$0
Note rate2.860%2.860%7.320%
Blended rate3.710%5.559%7.560%
1st payment$861.88$861.88$1,904.17
2nd payment$0.00$726.70$0.00
Taxes / mo$261.33$261.33$261.33
Insurance / mo$150.00$150.00$150.00
MI / mo$147.43$147.43$55.44
HOA / mo$0.00$0.00$0.00
Total monthly$1,420.65$2,147.35$2,370.95
Cash to close$127,693$30,800$30,800