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$198,891$198,891$337,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$138,609$0
Funding fee$0$0$0
Note rate3.130%3.130%7.400%
Blended rate3.980%5.631%7.640%
1st payment$963.04$963.04$2,336.78
2nd payment$0.00$924.06$0.00
Taxes / mo$540.75$540.75$540.75
Insurance / mo$150.00$150.00$150.00
MI / mo$159.14$159.14$67.50
HOA / mo$8.33$8.33$8.33
Total monthly$1,821.26$2,745.33$3,103.36
Cash to close$176,109$37,500$37,500