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$178,651$178,651$229,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$50,849$0
Funding fee$0$0$0
Note rate2.930%2.930%7.320%
Blended rate3.780%4.937%7.560%
1st payment$862.44$862.44$1,576.51
2nd payment$0.00$381.36$0.00
Taxes / mo$166.08$166.08$166.08
Insurance / mo$150.00$150.00$150.00
MI / mo$146.20$146.20$45.90
HOA / mo$250.00$250.00$250.00
Total monthly$1,574.73$1,956.09$2,188.49
Cash to close$76,349$25,500$25,500