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$183,334$183,334$251,999
Remaining term (yrs)24.124.130.0
Secondary amount$0$68,665$0
Funding fee$0$0$0
Note rate2.810%2.810%7.320%
Blended rate3.660%5.115%7.560%
1st payment$869.57$869.57$1,731.06
2nd payment$0.00$514.99$0.00
Taxes / mo$577.00$577.00$577.00
Insurance / mo$150.00$150.00$150.00
MI / mo$149.71$149.71$50.40
HOA / mo$12.83$12.83$12.83
Total monthly$1,759.11$2,274.10$2,521.29
Cash to close$96,665$28,000$28,000