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$157,149$157,149$180,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$32,851$0
Funding fee$0$0$0
Note rate2.730%2.730%7.320%
Blended rate3.580%5.014%7.560%
1st payment$733.64$733.64$1,236.48
2nd payment$0.00$325.09$0.00
Taxes / mo$129.00$129.00$129.00
Insurance / mo$150.00$150.00$150.00
MI / mo$127.62$127.62$36.00
HOA / mo$140.00$140.00$140.00
Total monthly$1,280.27$1,605.36$1,691.48
Cash to close$42,851$10,000$20,000