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$151,753$151,753$305,100
Remaining term (yrs)20.220.230.0
Secondary amount$0$153,347$0
Funding fee$0$0$0
Note rate2.710%2.710%7.400%
Blended rate3.560%5.792%7.640%
1st payment$809.63$809.63$2,112.45
2nd payment$0.00$1,022.32$0.00
Taxes / mo$423.25$423.25$423.25
Insurance / mo$150.00$150.00$150.00
MI / mo$128.32$128.32$61.02
HOA / mo$333.00$333.00$333.00
Total monthly$1,844.20$2,866.52$3,079.72
Cash to close$187,247$33,900$33,900